Very good article....I love Nat gas...but that does not mean I see a clear way to make money off it with out considerable risk of lost sleep. I will stay with the shippers for now and take a wait and see attitude...hoping the coming solar minimum in 2025 "cools" things off which will be a big surprise for the ESG cult. Thanks for the great analysis.
Maunder minimum....is a good place to start. We are about to move into a new solar cycle. The one we are in has increased by 12 days the growing season in the Midwest....how else could you grow 80 bushel soybeans in Minnesota. There are a number of good Youtubes on this and it is well documented through carbon and tree ring analysis.
Great article, Seb. There's plenty to think about in there for equity investors with stakes in E&Ps, as well as traders. One part I didn't fully understand was the analyst's comment that only the shipping/bunkering companies will profit in the future from LNG. Is that because bunkerers charge a fixed rate for letting their ships and are therefore immune to fluctuations in commodity prices?
Thanks William. Freight rates are quite volatile but with so much new supply coming into the market there will be robust demand for LNG vessels. In a situation of oversupply day rates spike as vessels are used as floating storage. But they can also rise when there’s a surge in demand for the commodity. So they win when the LNG market is weak, and when it’s tight.
Thanks for another brilliant article Seb!
Appreciated that :)
Magnificent and very dense article, Seb.
Thank you!
Very good article....I love Nat gas...but that does not mean I see a clear way to make money off it with out considerable risk of lost sleep. I will stay with the shippers for now and take a wait and see attitude...hoping the coming solar minimum in 2025 "cools" things off which will be a big surprise for the ESG cult. Thanks for the great analysis.
Thanks.. as I explained in another comment, the LNG vessel owners are probably a safer bet from an investor POV.
BTW you got me googling 'solar minimum'. Can't see any coverage about what this means for PV or other renewables. Have you?
Maunder minimum....is a good place to start. We are about to move into a new solar cycle. The one we are in has increased by 12 days the growing season in the Midwest....how else could you grow 80 bushel soybeans in Minnesota. There are a number of good Youtubes on this and it is well documented through carbon and tree ring analysis.
Great article, Seb. There's plenty to think about in there for equity investors with stakes in E&Ps, as well as traders. One part I didn't fully understand was the analyst's comment that only the shipping/bunkering companies will profit in the future from LNG. Is that because bunkerers charge a fixed rate for letting their ships and are therefore immune to fluctuations in commodity prices?
Thanks William. Freight rates are quite volatile but with so much new supply coming into the market there will be robust demand for LNG vessels. In a situation of oversupply day rates spike as vessels are used as floating storage. But they can also rise when there’s a surge in demand for the commodity. So they win when the LNG market is weak, and when it’s tight.
In the mean time the TTF dropped this morning (dec 11) another 5%....