Getting Rich in the Natural Gas, Coal & Oil Patch

[jarhead1976]

EPA cutting the legs out from under coal. Ng is the only alternative to lower cost fuels.

[Aman A.K.A. Ahamburger]

It's a great one too!

[Aman A.K.A. Ahamburger]

Gushers highlight potential of Pa. gas field
finance.yahoo.com/news/Gushers-highlight-potential-apf-3807643486.html?x=0

Entergy Louisiana plans new natural gas unit in Westwego
www.wwl.com/Entergy-Louisiana-plans-new-natural-gas-unit-in-We/10205587

[The Virginian]

This is why I like the end user plays - No matter which direction the political winds blow; its the consumer that will have to pay for it. ;D

[tyfighter3]

We will have a glut of it until we put it to good use.

[The Virginian]

We will have a glut of it until we put it to good use.

We could trade it for Oil! ;D

[bimetalaupt]

Jun 27, 2011 17:21:38 GMT -5 The Virginian said:

We will have a glut of it until we put it to good use.

We could trade it for Oil! ;D

Mr V.
Did you see this on Natural Gas?“Creative thinking is our great natural resource, not gas,” he wrote. “It is our obligation to guard it with utmost care.” Sever Plocker, an economic columnist for the newspaper Yediot Aharonot,
Bi Metal Au Pt

JERUSALEM — Exploratory drilling off Israel’s northern coast this week has confirmed the existence of a major natural gas field — one of the world’s largest offshore gas finds of the past decade — leading the country’s infrastructure minister to call it “the most important energy news since the founding of the state.”
www.nytimes.com/2010/12/31/world/middleeast/31leviathan.html

[Aman A.K.A. Ahamburger]

Yes B, Nat gas is the future. I caught the end of Kudlow tonight Sunrnr, he had a geologists on. It's the second half of what your saying that he said was true. That the companies might be fudging the numbers on how much it costs to get it out of the ground. However, the geologists(worked in Nag gas for 20+ yrs) said make no mistake, it's down there. The consensus was that with Shell and Exxon behind these projects, you know there is money in it.

[tyfighter3]

One of these days we will have the Tec to mine the bottom of the oceans for NG that is locked up in ice. There is huge deposits of that stuff down there.

[tyfighter3]

For it costing them so much to dig a well, it looks like maybe it's not at least in the oil Fields.
www.ogj.com/index/article-display/6125154527/articles/oil-gas-journal/drilling-production-2/production-operations/unconventional-resources/20100/june-2011/purvin-__gertz_estimates.html

[Aman A.K.A. Ahamburger]

Jun 27, 2011 23:33:24 GMT -5 tyfighter3 said:

One of these days we will have the Tec to mine the bottom of the oceans for NG that is locked up in ice. There is huge deposits of that stuff down there.

Right as always Ty, and on that point, the panel on Kudlow was talking about the tech getting better for accessing shale deposits. Plus there is CO₂ injection.

With more CH₄ power plants coming online in the future, and things like the NYC taxi fleet going CNG, the demand side is going to pick up in the coming years. www.afdc.energy.gov/afdc/laws/law/NY/5323

The biggest point, IMO, is still; Shell and Exxon are throwing their weight behind CH₄. Kinda like that giant floating LNG plant that Shell is building .

[tyfighter3]

Another good read about our resources.
blogs.forbes.com/christopherhelman/2011/06/27/tycoon-says-north-dakota-oil-field-will-yield-24-billion-barrels-among-worlds-biggest/

[Aman A.K.A. Ahamburger]

That's a good article Ty. I'll change the thread title to include Oil as well. K4U

This is a good article.

Green Energy Winners: Westport Innovations
www.thestreet.com/story/11168097/1/green-energy-winners-westport-innovations.html

[The Virginian]

We have all been talking about this for years now. NG could replace the oil we buy from outside this country and then we could use the oil we produce here for the rest of or needs. I like keeping our hard earned money in this Country and putting it back to work here. WIN WIN

I agree with you and everyone's responses. It's mind-boggling what our "leaders" have chosen to do to us. It would be a big win for our economy and all our citizens!

[tyfighter3]

Lets hope they can get this Bill pasted.
www.ogj.com/index/article-display/8033013497/articles/oil-gas-journal/general-interest-2/government/20100/june-2011/proposed-bill_aims.html

[tyfighter3]

If it is a Bubble and wishful thinking and since they have only scratched the surface in these fields, I believe the Bubble and Wishful thinking will go on for Years to come on whether it is a Bubble and Wishful thinking. It's just my Opinion, I guess I can do the wishful thinking for all of us. LOL And YES do your DD before you jump into anything.

[Aman A.K.A. Ahamburger]

Jun 28, 2011 23:12:08 GMT -5 tyfighter3 said:

If it is a Bubble and wishful thinking and since they have only scratched the surface in these fields, I believe the Bubble and Wishful thinking will go on for Years to come on whether it is a Bubble and Wishful thinking. It's just my Opinion, I guess I can do the wishful thinking for all of us. LOL And YES do your DD before you jump into anything.

The Bakken play is huge!! It is all the way into Sask, and into Alberta! There is a geologist that here that has spend thirty years working on ways to get at it all. Basically, layers upon layers. There has also been a find around Nipawan Sask that is apparently the size of the current Athabasca deposit.

Your right Ty, the bubble in domestic natural gas and oil production has only just started to inflate. Also, I know how good your picks are!

[tyfighter3]

Yes, but all of that build up of infrastructure would be a big plus for JOBS that the Government wont have to pay for. All they have to do is GET OUT OF the WAY.

[Aman A.K.A. Ahamburger]

Exactly right Ty. K4U It kinda looks something like this..

Mining, oilsands developers open floodgates of capital
www.edmontonjournal.com/business/Mining+oilsands+developers+open+floodgates+capital/4948502/story.html

Plus, we having something for the folks in Oregon/ Govt that still wants to feel important.. They want to be conscious? Pony up some cash to help regenerate oil fields, our grow algae for oil production. Or for us in EOR.. You know, help out the business, instead of getting in their way.

Alberta inks deal with Shell for carbon capture project
www.cbc.ca/news/business/story/2011/06/24/calgary-carbon-capture-alberta.html

[tyfighter3]

Another good Read.
www.ogj.com/index/article-display/9746514378/articles/oil-gas-journal/general-interest-2/government/20100/july-2011/oil_-gas_remains_a.html

[tyfighter3]

Coming to a State Near you.
finance.yahoo.com/blogs/daniel-gross/north-dakota-spurred-energy-ag-boom-3-2-122815061.html

[tyfighter3]

Here is another one.
seekingalpha.com/article/277958-an-introduction-to-investing-in-the-bakken?source=marketwatch

[Aman A.K.A. Ahamburger]

Good to see you posting regularly again sun!!

Clean Energy contracts with Fair Oaks affiliate to build CNG fuel station.
bulktransporter.com/2010-emissions/clean-energy-contracts-fair-oaks-0620/

TransCanada wraps up construction on US$360 million Guadalajara pipeline
www.paherald.sk.ca/News/Canada%20-%20World/Business/2011-06-20/article-2597381/TransCanada-wraps-up-construction-on-US360-million-Guadalajara-pipeline/1

Horizontal Boon Continues
www.rigzone.com/news/article.asp?a_id=108259

GE gets $45 million Chevron oil rig contract
news.yahoo.com/ge-gets-45-million-chevron-oil-rig-contract-215313630.html

OH MY MY.. There is LOTS of oil left.... In NA that is!

Husky Energy dominates northern land sale
www.vancouversun.com/technology/Husky+Energy+dominates+northern+land+sale/5055041/story.html

That's on top of the $842 million record breaking land deal in Alberta last month.

[tyfighter3]

The reason oil is going up for the time being.
www.thestreet.com/story/11177233/oil-prices-roar-on-bullish-reports.html?cm_ven=skyg

[bimetalaupt]

Jul 2, 2011 19:59:58 GMT -5 sunrnr said:

Jul 2, 2011 12:09:52 GMT -5 tyfighter3 said:

Another good Read.
www.ogj.com/index/article-display/9746514378/articles/oil-gas-journal/general-interest-2/government/20100/july-2011/oil_-gas_remains_a.html

There's a huge amount of current leases not being developed by the whiners about how the Government is over taxing them and hindering them.

Who's telling the truth?

Sunrnr,
The limiting element in the oil patch now is lack of experienced workers.. yes,, like the auto industry it is lack of skilled drillers, tool pushers, lead cracking chiefs and other highly tech workers.. now for lack of casing, drilling pipe, drill bits and rigs...Steel is being quoted for delivery in 12 months for less then used pipe today.. We call that Back-dation!!!

Give it 18 months and it will be all over and price of oil will be about $70.00 .. again from the old MMVII model....Also NG is selling for about $4.00 MCF out here on the old contracts...

Just a thought,
Bi Metal Au Pt

[Aman A.K.A. Ahamburger]

How about finding a way to get all those out of work construction workers into oil/natgas jobs??

you need to open a steel mill

$70 is still profitable for the oil companies. .

[tyfighter3]

Oil demand to pick up in 3"rd quater.
www.ogj.com/index/article-display/1179852855/articles/oil-gas-journal/general-interest-2/economics-markets/20100/july-2011/iea_-market_needs.html

[Aman A.K.A. Ahamburger]

Entergy to purchase 620MW CCGT power plant in Arkansas for $253MM
www.pennenergy.com/index/power/display/8202346622/articles/pennenergy/power/gas/2011/july-/entergy-to_purchase.html

It's great to see NG referred to as a green alternative!

Chesapeake launches clean energy tech fund
gigaom.com/cleantech/chesapeake-launches-clean-energy-natural-gas-fund/

[Aman A.K.A. Ahamburger]

MichCon opens natural-gas fueling station in Melvindal
www.gohaynesvilleshale.com/forum/topics/michcon-opens-natural-gas

[Aman A.K.A. Ahamburger]

Tesoro to move Bakken crude oil via rail
www.ogj.com/index/article-display/7294954642/articles/oil-gas-journal/transportation-2/20100/july-2011/tesoro-to_move_bakken.html