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erniem » Comments » CHK

  • How Much Natural Gas Remains in the USA? [View article]
    The only problem with linking NG price with demand ( and the concomitiant increase in production) is that there is no real link, only economic. That is a bit like saying that if the price of oil goes up to $200 a barrel, we suddenly will have a huge supply. We won't. None of the "massive" finds of oil are anything more than a few months or years supply. There are no more Ghrawars, not even Cantarells.
    Oct 05 10:43 am |Rating: +1 -1 |Link to Comment
  • GAAP Energy Earnings Are Worthless [View article]
    Unfortunately CHK is a stock that is mired in debt and depends on future earnings heavily to get out of that debt. McClendon bought, bought, bought, bought and bought, and now "owns" some of the most highly leveraged NG in the US. It's hard to get around that.
    May 10 11:27 am |Rating: 0 0 |Link to Comment
  • Natural Gas & Wind Power - The Pickens Plan [View article]
    solar at day and wind at night works for me. Along with every other power source out there. The infrastructure to support an alterative only energy driven America will be on a much larger scale than ten Manhattan Projects. At some point a Trillion or three will be spent.
    Aug 14 10:29 am |Rating: 0 0 |Link to Comment
  • Petrohawk and Chesapeake Fly on Haynesville Shale News [View article]
    ripping up a negative 3 points each as of 10 AM
    Jul 03 10:02 am |Rating: 0 0 |Link to Comment
  • Chesapeake Energy Reverts to Resource Acquisition Mode [View article]
    PWE and CHK are apples and avocadoes.
    Jun 03 13:19 pm |Rating: 0 0 |Link to Comment
  • Chesapeake: A Top Energy Play [View article]
    I agree with beegdawg's analysis. NG will always be a hugely important energy source, however, it does not replace oil. Most oil is used for gasoline production, with the remaining half of the barrel going to bunker oil, aromatics, asphalt, kerosene etc. . NG does not replace any of these.

    Nonetheless, it will remain a hugely important source of energy for decades. Solar needs a footprint 100 times what it is now to make ANY impact on oil usage.

    Chesapeake was a bargain at $28. At current prices it is a questionable investment.
    Mar 09 10:47 am |Rating: 0 0 |Link to Comment
  • Natural Gas Report: Winds of Change [View article]
    I have to suspect that when inflation of the dollar is taken into account, that stable gas prices mean it is 5-8% cheaper every year, to match the actual inflation of the dollar, not the phony core CPI. I also suspect that ten years from now $7 gas will be looked on like $3 gasoline. A fond memory.
    Jan 11 10:35 am |Rating: 0 0 |Link to Comment
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