“Occidental’s nearby gas plant, another EOR facility, was affected by DCP Midstream incident: filing
... we hit the proverbial offerless market where any natgas that was available would be purchased at virtually any price, which is why midcontinent prices such as the Oneok OGT nat gas spot exploded from $3.46 one week ago, to $9 on Wednesday, $60.28 on Thursday and an insane $377.13 on Friday, up 32,000% in a few days. This is one of those places where having a limit up circuit breaker could actually be useful, even though there simply is nowhere near enough product to satisfy demand at any price hence the explosive move.”
I can’t wait to see the big stink over shutting down the XL pipeline
Midwest NG Wellheads are frozen and ain't producing...but the really hilarious part is many Wind Turbines are frozen and aren't contributing to the grid.
If the GOP were smart, which they arent, they would be hammering this point home hour after hour on the TV and radio while people are stuck at home. Money better spent than on political consultants. They should listen to us for advice for free!
Furthermore, they should hammer the point that Biden and the Dems closed the XL pipeline and how that will raise their energy prices. Never let a crisis go to waste. But they will because they are the stupid party while the Dems run circles around them with their lies and propaganda. Sickening
“Occidental’s nearby gas plant, another EOR facility, was affected by DCP Midstream incident: filing ... we hit the proverbial offerless market where any natgas that was available would be purchased at virtually any price, which is why midcontinent prices such as the Oneok OGT nat gas spot exploded from $3.46 one week ago, to $9 on Wednesday, $60.28 on Thursday and an insane $377.13 on Friday, up 32,000% in a few days. This is one of those places where having a limit up circuit breaker could actually be useful, even though there simply is nowhere near enough product to satisfy demand at any price hence the explosive move.”
I can’t wait to see the big stink over shutting down the XL pipeline
Midwest NG Wellheads are frozen and ain't producing...but the really hilarious part is many Wind Turbines are frozen and aren't contributing to the grid.
You know what doesn't freeze: Nuclear Energy.
If the GOP were smart, which they arent, they would be hammering this point home hour after hour on the TV and radio while people are stuck at home. Money better spent than on political consultants. They should listen to us for advice for free!
Furthermore, they should hammer the point that Biden and the Dems closed the XL pipeline and how that will raise their energy prices. Never let a crisis go to waste. But they will because they are the stupid party while the Dems run circles around them with their lies and propaganda. Sickening
Yep.
For sure, the Republicansvare not bright.
Where is Governor Abbott?
Where is that Bush pup on the Texas RR Commission?
Bush pup probably buying shares of Burlington Northern.