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Author Topic: Why One Big Natural Gas User is Hoping for Higher Prices Back to Topics
RockCity
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Denver

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Message Posted: Sep 30, 2013 9:05:16 PM

U.S. natural-gas drillers take note: Some of your best customers are hoping you can raise prices.

The U.S. chemical industry is one of the biggest beneficiaries of the North American shale boom. The price of natural gas has plummeted as hydraulic fracturing, horizontal drilling and other innovations have unlocked vast amounts of natural gas from previously unproductive shale formations.
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REPLIES (newest first) Post a Reply
Eugenian
Champion Author Oregon

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Message Posted: Oct 2, 2013 1:57:14 AM


Just one?
endymion
Champion Author New York

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Message Posted: Oct 1, 2013 11:39:32 PM

If prices fall, the profit margins fall too.
EvergreenON
Champion Author Ontario

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Message Posted: Oct 1, 2013 7:51:41 PM

Speculators still deciding
dudleydog
Champion Author New Hampshire

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Message Posted: Oct 1, 2013 8:54:40 AM

the picture in the article reminds me that I'm always bugged that the fuel burned off is simply wasted and there really must be some way to make use of it... make steam to make heat/electricity or something
eschroth442
Champion Author Cleveland

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Message Posted: Oct 1, 2013 8:47:59 AM

yea all of them are commodity speculators
humblepie
Champion Author Toledo

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Message Posted: Oct 1, 2013 7:40:55 AM

right
dwbuddy
Champion Author Fort Worth

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Message Posted: Oct 1, 2013 7:32:14 AM

sure..someone has to want it to go up...make money on it
moenkopi23
Champion Author Chicago

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Message Posted: Oct 1, 2013 5:27:16 AM

They would.
2b0b
Champion Author Tulsa

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Message Posted: Oct 1, 2013 1:51:18 AM

It is a study in philosophy.

LyondellBassell is a Dutch company which would choose sustainability over profits knowing that without the former the latter is a fleeting thing.

Dow is an American company with an eye only for next quarters profit and no long term outlook.
OHMS
Champion Author Orange County

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Message Posted: Oct 1, 2013 1:46:27 AM

money in; money out
comprof
Champion Author Houston

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Message Posted: Oct 1, 2013 1:07:47 AM

Glad to see some American companies making money.
KAR120CSII
Champion Author Oregon

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Message Posted: Oct 1, 2013 12:56:43 AM

Say it ain't so --
1GhettoWhipper
Champion Author Indianapolis

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Message Posted: Oct 1, 2013 12:42:34 AM

'COMPETITION'
cheapchickKY
Champion Author Lexington

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Message Posted: Oct 1, 2013 12:36:57 AM

Greed.
MikeCapeCoral
Champion Author Cape Coral

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Message Posted: Oct 1, 2013 12:34:50 AM

It's all business.
zippy3231
Champion Author Jacksonville

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Message Posted: Oct 1, 2013 12:30:35 AM

We love the lower prices but remember that it cost money for research and development which in the end lowers cost by finding new fuel deposits and proper us of the fuels that they do find.

This is done with profit. Their must be a balance between fair profit and servicing the customer. I don't mind bit oil making a profit. I just don't ant to be raped in the process or have to sell my first born to fill up my gas tank.
jetskijerry
Champion Author North Carolina

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Message Posted: Oct 1, 2013 12:30:30 AM

price fixing
jetskijerry
Champion Author North Carolina

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Message Posted: Oct 1, 2013 12:30:20 AM

crooks
GSKHY
Champion Author Montreal

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Message Posted: Oct 1, 2013 12:28:23 AM

FOCUSING PROFIT
Blue_Cruzer
Champion Author Lexington

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Message Posted: Oct 1, 2013 12:11:55 AM

Sure hope they don't get there wish.
Gabydominguez85
Champion Author Milwaukee

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Message Posted: Oct 1, 2013 12:03:03 AM

What's new??
VanIsleRover
Champion Author British Columbia

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Message Posted: Sep 30, 2013 11:20:26 PM

Money money and greed
nurdco
Champion Author Colorado Springs

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Message Posted: Sep 30, 2013 10:24:04 PM

Electric utilities love the Cheaper values...

Big electric profits despite trying to be "Green"... by using NG turbines...
Vetteblu
Champion Author Denver

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Message Posted: Sep 30, 2013 10:21:30 PM

Bet it's not just one.
davenles
Champion Author Texas

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Message Posted: Sep 30, 2013 10:16:30 PM

Lets keep our NG here and keep the price lower.
mastermariner
Champion Author Texas

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Message Posted: Sep 30, 2013 10:05:33 PM

Every one to his opinion, but I think he is in the minority
amerk73
Champion Author Dallas

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Message Posted: Sep 30, 2013 9:16:47 PM

what next
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