Dear Mr JophdaThank you for your reply. >did you get your shots...

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badger192

561 Posts.

139

09/11/23

22:10

Post #: 70820008
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Originally posted by jophda: ↑

Mr Badger
I am a beef cattle farmer .
Tuberculous in cattle was eradicated in Australia many years ago but is endemic in Britain because it is carried by wild Badgers .
So I know it is a very personal question but did you get your shots before you came to this fine country ?

GOEHRING & ROZENCWAJG are very bullish commodity analysts that are especially bullish about future gas prices in North America .
They have done a lot of impressive research that they allow free access to .
Give them a Google , promise I did not make those names up .

The proportion of oil that is recoverable from primary production varies depending on the physical properties of the reservoir and on the physical properties of the oil itself , especially on its viscosity .So light oils have higher recoveries and heavy oils have lower recoveries .
Secondary and tertiary methods can be used to improve recoveries but generally need high prices to be economic .
Gas recoveries are much higher mainly because it is under huge pressure in the reservoir and unlike oil it is compressible .
Only a relatively small amount is left in most reservoirs when they come to the end of their economic life .

Gas to produce electricity emits much less CO2 than either oil or coal and can respond to electricity grid fluctuations more quickly .
So it is accepted as a transitional fuel on that rocky road to a lower carbon future even by the ultra woke Europeans .

Flaring of gas is much curtailed now in most jurisdictions but I don't know about some of the middle east .
I do get a laugh reading the postings of the dipsomaniacal Badger because this forum can be a bitter and contentious place .

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Dear Mr Jophda

Thank you for your reply.

>did you get your shots before you came to this fine country ?

I have to confess something. Despite my username, I am not actually a wild badger. I am really quite civilized. None of this white wine business. As for shots, I had them all when I was much younger. Absinthe and Tequila mainly.(Shudder)

My main point, which I do not feel you address in your reply, is that NG (natural gas) is generally a waste product of the Fracking oil business. It's hard to move around, so price tends to be local. You can liquefy it, to export it oversea, but that is expensive and energy intensive. This is why the US has a low price for gas and the EU has a high one. Russia's advantage of cheap gas to the EU; was that it could build a long pipe. The US cannot do that. It has to liquefy it, transport it and then de-liquefy it. All this costs money. Money is expensive.

Now if the price of oil goes up, this will drive more local US drilling and therefore more Natural Gas production as a side product. Would this not depress prices as supply increases?

("GOEHRING & ROZENCWAJG" I checked them out. Thank you. )

All disclaimers. You can't trust badgers. Even the civilized red wine drinking ones.

BYE Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
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