CNX 0.00% 7.4¢ carbon energy limited

lnc rallying, page-20

  1. 831 Posts.
    Fatmax,

    LNC is using nitrogen rejection plant. It is practically the same as oxygen generation plant just less expensive.

    Bringiton,

    The dow increase is due in part to the drop in the price of oil. The drop in the price of oil (energy) is not good for energy exploration/supply companies.

    UCG has been around for something like 80 years. Some people have postulated that the relative low price of energy over the years prevented the widespread commercial uptake of UCG. The last time we had a spike in the oil/energy price was in the 70s. Accounting for inflation (in terms of today’s dollars), it was about the same as it is now. As a result of the shock, demand dropped off and the price came down. My concern is we are going to see the same thing happen again?
 
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