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Domestic natural gas production has become incredibly important


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Posted (edited)

The goings on in Ukraine are horrible and entirely pointless. That said, almost overnight, natural gas production has become a national security issue. I wonder if Terry hung on to any of his oil... err, sorry... gas leases?

Edited by PromoTheRobot
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Posted
Just now, PromoTheRobot said:

The goings on in Ukraine are horrible and entirely pointless. That said, almost overnight, natural gas production has become a national security issue. I wonder if Terry hung on to any of his oil leases?

Not sure that he ever had appreciable oil holdings.  He does still have NG holdings.

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Posted

This will probably get moved so I started a thread in politics on it. I think you will see fracking increase regardless of environmental risks at this point. 

Posted
38 minutes ago, LGR4GM said:

This will probably get moved so I started a thread in politics on it. I think you will see fracking increase regardless of environmental risks at this point. 

The EU being cut off from Russian gas exports will cause production in the US to ramp up, including fracking, to make up for it. Environmental concerns are out the window.

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Posted
On 2/24/2022 at 9:33 AM, PromoTheRobot said:

The EU being cut off from Russian gas exports will cause production in the US to ramp up, including fracking, to make up for it. Environmental concerns are out the window.

We need an expansion on energy policy.  Nuclear, solar, water, wind, natural gas, fracking, the lot.  It is not only Europe whom we need to supply.  We might need to help out South Korea, Japan, Taiwan, India, and others in southeast Asia.  (I deliberately used a phrase which will give those who lived through the Vietnam era some chills.)

Posted

Fracking is currently, ***** dead in the Marcellus Shale. I'd love to see it rejuvenated, specifically because natural gas workers show up to the casino in droves and spend huge money, and that's been missing for about 6 or 7 years, now. Love those guys. They're the best. Hilarious and chill at the same time. 

 

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