Jump to content

swraith

Certifiably Surly
  • Posts

    730
  • Joined

  • Last visited

Everything posted by swraith

  1. It seems good for the UT system to continue to expand within the state. I really have no sense of the quality of SFA and if the expansion is a quality expansion.
  2. I'm loving the 4 games a day. My work productivity is down 90%.
  3. In some ways, I perceive Vanguard's low rent UI as a reflection of just how little they spend in certain parts of the company.
  4. I don't know anything about Hakeem Jeffries. I looked at his Wikipedia page. Why is it bad that he is the replacement leader?
  5. And today natty ripped higher for an 8% gain in the prompt month. If you have a crystal ball to trade the massive daily swings, there is a fortune to be made.
  6. Nat Gas is getting absolutely slammed. Sub $5 for prompt month (November) and down 50% from its high in August. Yeesh.
  7. Today, my bet is that Trump doesn’t run. DeSantis wins GOP nomination. Assuming GOP wins big in the midterms, I don’t see Biden running. He will have done his job of beating Trump and will let someone else fight the next battles vs GOP. No idea who might win the Dem nomination.
  8. Tough news to hear. Nothing easy about starting the job search process after 10 years.
  9. Will there be any lawn left to mow with this kind of heat in TX? My lawn has already said fuck off. Shriveled blades of grass going brown. I just want to keep my trees alive at this point.
  10. As others have indicated, natural gas has driven a huge part of the increase in power costs in the state of TX. Note also that power for summer (July-Aug 2022) has also skyrocketed on concerns about pricing volatility in ERCOT related to grid stability. In fact, some retail providers have stopped taking new enrollments until summer has ended due to risk management concerns.
  11. Austin Energy rates are up for review. https://austinenergy.com/ae/rates/2022-base-rate-review/2022-base-rate-recommendations Thankfully the proposal indicates AE rates will go up far less than natural gas has increased. Usage is the other big driver of people's electric bills. With the heat arriving early in TX this year, electric bills will be higher purely based on higher consumption.
  12. It’s going to be a rough spring/summer for central plains (including TX).
  13. Having driven from Austin to Colorado and back for Spring, all of west Texas looks ready to burn this spring.
  14. I'm not a huge fan of forcing the technology. I also don't mind the DUI industry being impaired by this.
  15. Natural Gas is a stomach-churning market. Its inherent volatility has always been brutal due to the way winter storage works. The only thing crazier is the inherent volatility in the power markets (which up until very recently had virtually zero storage to accommodate demand shifts) which makes natural gas looks like a blue-chip stock. Anyways, Henry Hub rallied hard in September. Now it is falling hard. The picture below is a daily chart for January delivery Henry Hub. All that said, I don't think the winter is over by any means. The first shot of real cold in the 11-15 day forecast (or 3-week forecast) and we could get a very nice bounce in Henry Hub pricing. But that might be a good exit point for longs because the 90-day forecasts show this winter is going to be a bust for total heating degree day counts.
×
×
  • Create New...