Member Info for oct23

Peace may have broken out

Stupmy

I did the same with same quantity at same time (16.25)

RE ;-- *Be interested to see how quickly Biden folds if G&R are correct (16:23).

Wasn't Warren B buying into gas heavily a while back ....

An old school teacher told me - those that can do, those that can't teach

Modestas

Read the interesting link you posted -

https://www.zerohedge.com/energy/britains-net-zero-disaster-and-wind-power-scam

final two paras :-

Britain’s energy-policy disaster has lessons for America. The physics and economics of wind power are not magically transformed when they cross the Atlantic. Whenever a politician or wind lobbyist touts wind as low-cost or says net zero will boost growth, they become accessories to the wind power scam. The data lead ineluctably to a decisive conclusion: net zero is anti-growth. It is a formula for prolonged economic stagnation. Anyone who wants the truth about renewables should look at Britain and the sorry state of its economy. For the last decade and a half, it has been going through its worst period of growth since 1780.

Unlike in business and finance, there are no criminal or civil penalties for those who promote policies based on fraud and misrepresentation. Rather, net zero is similar to communism. Like net zero, communism was based on a lie: that it would outproduce capitalism. But it failed to produce, and belief in communism evaporated. When the collapse came, it was sudden and rapid. The truth could not be hidden. A similar fate awaits net zero.

Someone needs a pat on the back for the Dec swaps

Will the $88/bbl swaps as per the ops update rns help ?

Hedging

§ For the last two months of 2023, the Group has hedged a total of c.1.5 MMbbls. Of this total, c.0.7 MMbbls relates to put options with an average floor price of $60/bbl, while the Group have also entered into c.0.8 MMbbls of swaps at an average price of $88/bbl

It appears last offload is at anchor in Scapa Flow -- with OP rising -- ??

https://www.marinetraffic.com/en/ais/details/ships/shipid:373141/mmsi:311027500/imo:9438860/vessel:NANSEN_SPIRIT

Sp currently in gap set 12/15th Feb 21 - 13.98