GBA Presents: THE BARE ESSENTIALS

Nine I have some of that SLI.-! // The idea to become energy self reliant is a new one for Biden and a blow to the far left and green earth folks. This will most likely lead to some funding under very good terms for TELL.

Natural gas is the play. It was up today when oil was down. Russia can turn off the taps at any moment - Europe needs new supply - What I don't get is this idea that electricity can run all things I don't see how. We have 3 Large ass boilers the size of an aircraft carriers in the basement of this building that heats 300 units and the Gov of NY thinks we can run that with electricity. You need Nat Gas.
 
My Sushi is here I have to go but this is interesting... The Oilpatch can be a fun place to invest lots of drama.

Sempra and Total to expand North American alliance for LNG and renewables
Mar. 31, 2022 10:15 AM ETTELL, TTE, SRE
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  • Sempra (SRE) and Total (TTE) signed two memoranda of understanding Thursday; one for Sempra's (SRE) Pacifico LNG project in Mexico, and a second for Total's (TTE) proposed offshore wind project in California.
  • The Pacifico agreement indicates Total (TTE) will sign long-term contracts for 1/3 of the project's LNG supply and own a piece of the terminal; an interesting development, following the recent liquidation of Total's (TTE) holdings in Tellurian (TELL).
  • The two companies are already joint venture partners in Cameron LNG and Costa Azul, and increased cooperation may mark a pivot for the French super major away from Russia and towards North American upstream investment.
 
TOMORROWS INVESTMENT TODAY:

Description

Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company's Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.8 million homes and businesses, and operation of 140,000 miles of transmission and distribution lines. Its transmission system includes 18,249 circuit miles of transmission lines, a total of 1,174 transmission and distribution substations, and interconnection to 130 third-party generation facilities totaling 45,403 megawatts. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.
 
This is from before the Russia mess-

SRE’s LNG export business, as management highlighted a strong uptick in the LNG market during the Q&A session of the recent conference call:

We've seen a dramatic improvement in the market, both on the spot market, and I think importantly, you're starting to see some of these long-term contracts come back. Also, importantly, we're seeing higher forward curves over the next few years for deliveries into Asia and Europe. And I'd say the final thing that we're seeing that I think is important is you're seeing China 's reentry into the long-term market.

We are seeing a real uptick in our discussions, both in Asia and Europe, and frankly, as well as South America. So, I think we're going to see some exciting things coming over LNG portfolio and we should benefit from this constructive market backdrop. Again, we think we have a competitive advantage, the ability to dispatch directly into Europe and Asia. And again, over the long term, it's nice to see that we still see demand for LNG growing mid to high single-digits, which supports our long-term very bullish view on LNG development.

!!!!!!
 
KA-CHING

Sempra Energy issues statement on European energy security 18:05 SRE Sempra issued the following statement in response to the Joint Statement between the United States and the European Commission on European Energy Security: "We applaud today's announcement by President Biden and European Union President Von der Leyen on the establishment of a Task Force on Energy Security. Sempra stands with our European allies as they pursue their energy security and sustainability objectives, and we look forward to collaborating with the U.S. Administration to expeditiously bring more LNG to market," said Jeffrey Martin, chairman and CEO of Sempra.
 
stonedinvestor said:
Nine I have some of that SLI.-! // The idea to become energy self reliant is a new one for Biden and a blow to the far left and green earth folks. This will most likely lead to some funding under very good terms for TELL.

Natural gas is the play. It was up today when oil was down. Russia can turn off the taps at any moment - Europe needs new supply - What I don't get is this idea that electricity can run all things I don't see how. We have 3 Large ass boilers the size of an aircraft carriers in the basement of this building that heats 300 units and the Gov of NY thinks we can run that with electricity. You need Nat Gas.
More...

Certainly some medium term themes I like are Nat Gas, Copper, and Lithium. I've been playing the first two since 2020. The Venture exchange really performed poorly latter half 2021 but it's showing more life now.
 
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