Member Info for Heid

If the greens had not stopped our own shale gas extraction we would not be in this mess.

I would say also we have an over reliance on the spot market rather than as a result of a gas supply problem. The oil index price would be better allowing for a three month lag. It looks more at a six month period.

The energy companies would not have found themselves in this unaffordable trap

..has said that “the hysteria” engulfing European energy markets is driven by insufficient investment in to energy industries, arguing that the world needs a smoother transition to green energy .

I 100 % agree with this statement and we can see the affects of this under investment and 'fear of the fear' of looking bad investing in to fossil fuels coming to fruition. Brent is touching 83 $ an rising. Gas ~300 pence per therm. That is the equivalent of 230$ Barrel of Oil.

I would go on to add that in the long run oil majors have to compete on cost and decarbonisation during this transition. CCUS allows to optimise geological stores, monetise on national resources and access reservoirs in a more sustainable way.

We need majors with the skills and know how to put this all in to practise. This is something that the Humber region, and West Newton, has to offer with the infrastructure and big plans in place in a sustainable way.

I live in the UK.

I agree, I have been gauging this an agree with your sentiment.

The price of UK Gas is rocketing. Hydrocarbons are very inelastic at the moment an nothing will stop the rise.

~300 pence per therm. That is the equivalent of 230$ Barrel of Oil.

What alternative energy do we have ? I can't see Putin coming to our rescue.

Is that directed at me royoboy ?

I retired at 26.

Damm bargain this price imo.

.10p in old money.

Wressle doing amazing and getting in below Joe O'F 's price and the placing.

No wonder shares were hoovered up.

Why do you not care that I bought more shares today an actually used the placing fiasco to my advantage. I actually thought it was quite clever.

I may even play 'Heid's £10,000 Super Show.'

Let my followers tell me when to trade it an see how we all do.

Can I just add that I bought in cheaper today than Joe O'Farrell's Director dealing on 23rd September

Joe paid 23.62

I just paid 20.111

I won then Joe ..drinks are on me.

Ok, well take a deep breathe and please come back.

I will miss you. x

So I may have added just right.

Isnt that lucky

Why will you not post zoom ?

https://twitter.com/Heid_oil/status/1445398125389156365?s=20

I have been a good girl. I hope Father Xmas comes.

Can I just say something quickly ?

Traders are currently bullish on Brent . The question is by say by May next year will there be a surplus for the market from OPEC or US crude oil . Rig count is kinda at March 2020. Oil production is still lower now..

Brent price will keep rising certainly for now... Up she goes.

I once thought that West Newton was the main player. I begin to wonder if Wressle is now on par.

I see a tremendous income for David & partners from this well. Wressle will only get better with the Penny istones Flags . The jewells in the crown as David once described them.

Strong demand for brent oil will not match the supply and oil price will continue to rise.

I say well done to Mark Abbott too. Amazing job at Wressle . Very pleased for all the partners an Simon Oddie.

In my opinion Wressle will flow 'much' higher once works have been carried out.

Bank of America quoting 100 Dollars a barrel incoming.

I agree with this sentiment.

Saudi an Russia alliance is strong.

I still maintain the pro greens are now nervous an will backtrack on some of their thinking here. Inf act ..they already are.

Oil is only going in one direction, certainly until Q2 2022

Interestingly the White House has raised concerns that the Oil price could derail their economic recovery. Biden may have now fallen in how important fossil fuels really are.

Fossil fuels have been wonderful for all of our lives - you can not just shut them off immediately. There is no quick fix available

As for the income for Wressle, well, it is only going to increase for David.

Well done Sir !

who are you nasty people digging up all this trash ?

cant stand people who dont come out with things.

Do you mean me ?