zuzu99
2023-06-27

This is not Priced in:

the Netherlands will turn off the Groningen gas fields on October 1 and close them permanently a year later.....the Groningen fields would remain operational for an additional year in case of an extremely cold winter, but then the infrastructure will be dismantled.....The field, operated by a joint venture of Shell and Exxon still holds massive reserves of natural gas, but the government has been WINDING DOWN production in recent years because of tremors related to drilling.....Extraction at what once was one of Europe's largest natural gas fields has been limited to the minimum needed to keep it operational......this is a huge loss for the viability of a cost structure made affordable by nat gas extraction.....

Also not priced in is the return of Institutional buying now that a green light has been given post reverse split.....then we get to deal with the summer heat waves across the globe......shorts will get burned over the next several months......a big shout out to the shorts!! lol

$Bloomberg Natural Gas Bull 2X ETF(BOIL)$

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