tuj's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/155520/comments http://seekingalpha.com/article/171384-oil-20-a-barrel-or-200?source=feed#comment-746465 746465
Bzzz, wrong! The proppants used to frac the wells are highly proprietary and specific to each shale formation, ie. Barnett proppants are different than Marcellus. There are some 200+ chemicals that can/are used in solution.

Now in terms of oil recovery, the Saudi's pump water into their wells (oil floats), and CO2 is more of an enhanced recovery technique after the water quits working (see the Ghawar field).]]> Thu, 05 Nov 2009 11:57:42 -0500
Bzzz, wrong! The proppants used to frac the wells are highly proprietary and specific to each shale formation, ie. Barnett proppants are different than Marcellus. There are some 200+ chemicals that can/are used in solution.

Now in terms of oil recovery, the Saudi's pump water into their wells (oil floats), and CO2 is more of an enhanced recovery technique after the water quits working (see the Ghawar field).]]> http://seekingalpha.com/article/170526-property-values-set-to-fall-43-from-current-depressed-levels?source=feed#comment-744226 744226 Wed, 04 Nov 2009 10:12:20 -0500 http://seekingalpha.com/article/170616-the-trouble-with-clean-coal?source=feed#comment-743949 743949 Wed, 04 Nov 2009 07:46:55 -0500 http://seekingalpha.com/article/170616-the-trouble-with-clean-coal?source=feed#comment-743946 743946 Wed, 04 Nov 2009 07:44:10 -0500 http://seekingalpha.com/article/170775-natural-gas-extraction-may-be-more-expensive-than-it-seems?source=feed#comment-742650 742650 petroleumtruthreport.b.../]]> Tue, 03 Nov 2009 13:34:53 -0500 petroleumtruthreport.b.../]]> http://seekingalpha.com/article/168850-shale-gas-promises-promises-promises?source=feed#comment-735498 735498
It can and does work, but its not an ideal solution (its slow). For real CNG filling at home, you need a bigger pipe to the house.]]> Thu, 29 Oct 2009 11:02:47 -0400
It can and does work, but its not an ideal solution (its slow). For real CNG filling at home, you need a bigger pipe to the house.]]> http://seekingalpha.com/article/169019-the-larger-energy-implications-of-hydrogen-autos?source=feed#comment-732180 732180
This is exactly right. There will soon be a study published that will show that renewables can meet a massive proportion of the US energy demand, particularly because solar and wind resources are non-coincident. After all, wind is really solar energy from the night (imbalances of pressure).]]> Tue, 27 Oct 2009 09:55:45 -0400
This is exactly right. There will soon be a study published that will show that renewables can meet a massive proportion of the US energy demand, particularly because solar and wind resources are non-coincident. After all, wind is really solar energy from the night (imbalances of pressure).]]> http://seekingalpha.com/article/169019-the-larger-energy-implications-of-hydrogen-autos?source=feed#comment-732172 732172 Tue, 27 Oct 2009 09:51:35 -0400 http://seekingalpha.com/article/164831-will-the-new-dbc-and-dba-be-more-volatile?source=feed#comment-703716 703716 Mon, 05 Oct 2009 11:18:33 -0400 http://seekingalpha.com/article/164571-out-of-natural-gas?source=feed#comment-703383 703383
Capping shale wells for a prolonged period of time damages the frac'ing geology in the well.]]> Mon, 05 Oct 2009 07:56:36 -0400
Capping shale wells for a prolonged period of time damages the frac'ing geology in the well.]]> http://seekingalpha.com/article/164046-natural-gas-production-declines-are-becoming-more-evident?source=feed#comment-697285 697285 Wed, 30 Sep 2009 15:51:17 -0400 http://seekingalpha.com/article/162461-the-case-for-precious-metals-is-only-getting-stronger?source=feed#comment-685123 685123
So why take physical delivery? If its an "investment" then why not remain financial? Unless you believe the financial system will collapse, which would probably be akin to "caveman status".]]> Mon, 21 Sep 2009 14:25:22 -0400
So why take physical delivery? If its an "investment" then why not remain financial? Unless you believe the financial system will collapse, which would probably be akin to "caveman status".]]> http://seekingalpha.com/article/162461-the-case-for-precious-metals-is-only-getting-stronger?source=feed#comment-684832 684832 Mon, 21 Sep 2009 10:16:55 -0400 http://seekingalpha.com/article/162402-electricity-is-not-an-energy-source?source=feed#comment-684821 684821
Very true, except the nukes.]]> Mon, 21 Sep 2009 10:09:03 -0400
Very true, except the nukes.]]> http://seekingalpha.com/article/162361-fuel-substitution-power-plants-currently-switching-to-natural-gas?source=feed#comment-684815 684815
Generally true, gas-fired boilers can use fuel oil, but that's OTM right now. But what is happening is marginal coal units are being displaced by combined cycles (not NG-fired boilers) with their superior heat rates.

BUT, the recent run-up in prompt gas has put some CC's OTM as well, along with negative sparks in the winter on the CC's; not good. That means something has to change, probably a narrowing of the front-end contango.]]> Mon, 21 Sep 2009 10:04:20 -0400
Generally true, gas-fired boilers can use fuel oil, but that's OTM right now. But what is happening is marginal coal units are being displaced by combined cycles (not NG-fired boilers) with their superior heat rates.

BUT, the recent run-up in prompt gas has put some CC's OTM as well, along with negative sparks in the winter on the CC's; not good. That means something has to change, probably a narrowing of the front-end contango.]]> http://seekingalpha.com/article/161861-natural-gas-momentum-likely-to-continue-blackmont?source=feed#comment-681102 681102
No, price will. They are shutting in when prices crash. The only demand you can get are combined cycles and when gas goes up, their spark spreads go negative, putting them OTM. The cc's can burn on order of maybe 1.5-4 Bcf/d depending on system constraints and load in the Eastern Interconnect.

Remember, most of the producers hedged forward, so they don't really care, and those that didn't still need to maintain cash flow so they remain producing at a loss. The same situation is happening in coal, which is why gas has to go so low to bring on the combined-cycles against sub-$50 NYMEX spec coals.]]> Thu, 17 Sep 2009 14:08:58 -0400
No, price will. They are shutting in when prices crash. The only demand you can get are combined cycles and when gas goes up, their spark spreads go negative, putting them OTM. The cc's can burn on order of maybe 1.5-4 Bcf/d depending on system constraints and load in the Eastern Interconnect.

Remember, most of the producers hedged forward, so they don't really care, and those that didn't still need to maintain cash flow so they remain producing at a loss. The same situation is happening in coal, which is why gas has to go so low to bring on the combined-cycles against sub-$50 NYMEX spec coals.]]> http://seekingalpha.com/article/161964-ung-the-best-way-to-invest-in-natural-gas?source=feed#comment-680613 680613 Thu, 17 Sep 2009 10:36:52 -0400 http://seekingalpha.com/article/161352-waiting-for-ung-s-new-issuance-to-prove-itself?source=feed#comment-675462 675462
The steep contango in the front months is historically very odd, while the flatter contango in the back-half is more reflecting what you say. Contago must reflect the "cost-of-carry", so a normal market can generally have a mild contago. Go to investopedia and read about contango and backwardation; contango alone does not mean things are bullish.]]> Mon, 14 Sep 2009 08:31:17 -0400
The steep contango in the front months is historically very odd, while the flatter contango in the back-half is more reflecting what you say. Contago must reflect the "cost-of-carry", so a normal market can generally have a mild contago. Go to investopedia and read about contango and backwardation; contango alone does not mean things are bullish.]]> http://seekingalpha.com/article/161316-why-natural-gas-etfs-should-see-big-gains-this-week?source=feed#comment-675438 675438 Mon, 14 Sep 2009 08:15:00 -0400 http://seekingalpha.com/article/161308-natural-gas-has-spiked-60-since-labor-day-why?source=feed#comment-675437 675437
Not with injection season still going... I think we saw a short squeeze coupled with a slightly lower injection number than the market wanted, although it was *dead on* Bentek. We're back to a 2-handle now, and by end of Oct, we're likely to see a 1-handle as we can no longer fill storage and have to maybe even flare.]]> Mon, 14 Sep 2009 08:14:01 -0400
Not with injection season still going... I think we saw a short squeeze coupled with a slightly lower injection number than the market wanted, although it was *dead on* Bentek. We're back to a 2-handle now, and by end of Oct, we're likely to see a 1-handle as we can no longer fill storage and have to maybe even flare.]]> http://seekingalpha.com/article/160262-gold-is-still-the-opportunity-of-a-lifetime?source=feed#comment-666286 666286 Tue, 08 Sep 2009 10:27:32 -0400 http://seekingalpha.com/article/159835-another-natural-gas-bull-sticks-his-neck-out?source=feed#comment-662307 662307
Bzzz wrong. When you can grow production more than 10% YoY from *one play*, shale is not just a phenomena, its a game-changer. Not to mention the technologies used in shale have some applicability to enhanced recovery in conventional plays. Then consider that many shale producers hedged forward at quite high prices and you have a setup for force majured injections and maybe even flaring.]]> Fri, 04 Sep 2009 15:09:35 -0400
Bzzz wrong. When you can grow production more than 10% YoY from *one play*, shale is not just a phenomena, its a game-changer. Not to mention the technologies used in shale have some applicability to enhanced recovery in conventional plays. Then consider that many shale producers hedged forward at quite high prices and you have a setup for force majured injections and maybe even flaring.]]> http://seekingalpha.com/article/159970-natural-gas-is-a-trade-not-an-investment?source=feed#comment-662297 662297
That will be liquifaction. Once that is in place in the US, the global market can balance again and LNG can be marginal everywhere instead of the US being destination diversion of last resort. The shales will make liquifaction a viable industry in the US for a while.]]> Fri, 04 Sep 2009 14:58:21 -0400
That will be liquifaction. Once that is in place in the US, the global market can balance again and LNG can be marginal everywhere instead of the US being destination diversion of last resort. The shales will make liquifaction a viable industry in the US for a while.]]> http://seekingalpha.com/article/157796-u-s-natural-gas-etf-what-you-need-to-know?source=feed#comment-643582 643582
So you don't realize that the supply is growing? NG is not crude; the dynamics of both discovery and depletion are different. If shale plays remain successful, the US could be over-supplied in NG for years until the declines start to aggregate, offsetting new gains.]]> Mon, 24 Aug 2009 12:23:23 -0400
So you don't realize that the supply is growing? NG is not crude; the dynamics of both discovery and depletion are different. If shale plays remain successful, the US could be over-supplied in NG for years until the declines start to aggregate, offsetting new gains.]]> http://seekingalpha.com/article/157796-u-s-natural-gas-etf-what-you-need-to-know?source=feed#comment-643579 643579
Definitely. Prompt month traded a quarter above that today.]]> Mon, 24 Aug 2009 12:21:07 -0400
Definitely. Prompt month traded a quarter above that today.]]> http://seekingalpha.com/article/157751-nibbling-on-natural-gas-concerned-about-atlas-pipeline-partners?source=feed#comment-643533 643533
Ask why we just hit a 2 handle last week....]]> Mon, 24 Aug 2009 12:06:20 -0400
Ask why we just hit a 2 handle last week....]]> http://seekingalpha.com/article/155052-the-bullish-case-for-natural-gas?source=feed#comment-623438 623438
It takes on order of *days* to drill a well. Interconnection is another story...and one that depends on the basin. The leases are allocated, and there are lots of uncontracted rigs, so it won't take long. Also, *consider* the dynamics of shutting in a slic-frac well. (and if you don't know the dynamics of shutting in that particular production, you probably should not be involved with NG).]]> Mon, 10 Aug 2009 12:25:48 -0400
It takes on order of *days* to drill a well. Interconnection is another story...and one that depends on the basin. The leases are allocated, and there are lots of uncontracted rigs, so it won't take long. Also, *consider* the dynamics of shutting in a slic-frac well. (and if you don't know the dynamics of shutting in that particular production, you probably should not be involved with NG).]]> http://seekingalpha.com/article/155052-the-bullish-case-for-natural-gas?source=feed#comment-623207 623207 Mon, 10 Aug 2009 11:04:24 -0400 http://seekingalpha.com/article/153607-flash-trading-is-here-to-stay?source=feed#comment-616109 616109
Churchill didn't live to see the Cold War.]]> Wed, 05 Aug 2009 09:57:34 -0400
Churchill didn't live to see the Cold War.]]> http://seekingalpha.com/article/152909-cash-for-clunkers-may-cost-up-to-45-354-per-vehicle?source=feed#comment-615078 615078
If you increase the fleet MPG by say 2 MPG, how much oil consumption does that offset? Its significant.

If the aggregate petrol savings is greater than the cost of the program, that alone makes it work out, aside from some minor economic benefits.]]> Tue, 04 Aug 2009 14:59:32 -0400
If you increase the fleet MPG by say 2 MPG, how much oil consumption does that offset? Its significant.

If the aggregate petrol savings is greater than the cost of the program, that alone makes it work out, aside from some minor economic benefits.]]>