Blackstone Loan Share Price (BGLP)

Reported it twice...

This is the research that led to the Bloomberg Report.

https://youtu.be/6c-WCg2Y7sE

Couple of things about this, putting the leaks into perspective should be this piechart showing the levels of different methane emissions to the air.

https://www.socalgas.com/stay-safe/methane-emissions/sources-of-methane-emissions

Also, with a million views what effect has this had to shareholders. To the institutions not very much I would think, after all they still hold tobacco companies.

I couldn't find any reference to The Colorado Oil and Gas Conservation Commission as you stated...

Are they outright lying... Yes and No. For me it's akin to the sprinkling of magic honesty dust my accountant does for me each year.

If the government takes away the subsidy/tax breaks and replaces with legislation like high compulsory plugging standards then alarm bells will ring, and that 15 years will be reduced. In the meantime, the company will do all it can to keep everyone sweet with the dividends rolling, the employment of local people, payment of income taxes etc etc IMO.

The company is no different to any other corporation that puts shareholders above literally everything.

The extension of the life to 50/70 years conveniently declared by their own scientists delays the cost. I take this to mean that the intended lifetime of the company is in the region of 15 to 20, by which time all the economics will have been rinsed by shareholders and ultimately any wells still leaking by then will become the responsibility of the various respective states (hence the name of that video "it will be failing the region of Appalachia". In the meantime, the government grants and tax breaks will be devoured and the climate squad kept at bay by the proper plugging of uneconomic wells.

As a shareholder, I see this morally and as environmentally friendly as owning a petrol car and having gas central heating. I'll balance my portfolio with wind energy, and at home will have a hybrid car and now live with the thermostat turned down a couple of degrees.

We can all draw parallels to Apple being the toast of the stock market whilst commissioning their products to be made in sweat shops in Asia.

Why not share this on the main forum ? This is exactly the kind of stuff that should be discussed in my opinion.

Cheers ))

Report post after;

Disregard the green agenda, go through the sums. Make your judgement. The Colorado Oil and Gas Conservation Commission, a state regulatory body, assessment of viable wells is the key here.

https://ohiorivervalleyinstitute.org/diversified-energy-a-business-model-built-to-fail-appalachia/

https://ohiorivervalleyinstitute.org/diversified-energys-questionable-financial-practices-continue-in-2022/