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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (124464)	11/11/2016 4:10:44 PM
From: Haim R. Branisteanu	1 Recommendation Recommended By Pogeu Mahone Respond to of 219110

Simply because one of the major shareholders is a white collar criminal that bought his way out by bribing, He fled the US until the statute of limitation expired. Once a criminal always a criminal - he is trying to extort twice and more Henry Hub prices, no one really want to buy more so that huge Egyptian NG discovery where made recently, His major partner Noble Energy are also borderline people IMHO. Leviatan has no buyers at the price they are asking. They compare themselves to LNG, none wants to buy into it. Aside the world is afloat with NG, below $2+- it does not pay tp produce excep is the extration is just very simple As for Israel solar is now 30% cheaper than NG based on Henry Hub prices Bids for 350 t0 500 MGW for long term went for long term prices of 3 to 4 cents KWH NG cannot compete My whole point in my lecture is that with storage solar is cheaper where you have 2,000 KWH/sq m/year radiation California does not need fossil fuel there is more than needed sunshine & wind the key is storage mostly winter storage same Arizona N Mexico etc. Australia E, Africa Siberia have more gas than know what to do with it Putin signed contract with China for zilch profits only to give work to people