Whats great is if you read about this company theyre still building, planning on selling nat gas liquid. And theyre not even making a profit its a bunch of investors piling money into something thats got a lot of pushback from regulations, and people trying to basically ban natural gas. So when they come to market who knows what the fuck the federal and local governments will be up to as far as trying to be green or curbing fossil fuels or not allowing x more production. Imo theres already tons of gas and oil players with the infrastructure and means to deliver what theyre setting up to do. Ive been in the oil industry for awhile now, appeared to me theyre copying the north slope AK. The thing is the slopes got the largest natural gas facility in the world already up and running doing what these guys are marketing as green energy. These plants help producers (wells) by reducing backpressure in the wells taking the gas that pressures them up away letting them flow more freely, in turn pulling out more oil. They use nat gas to run the fired turbines, for power generation and compression and re inject the CO and lean gas back into the formation (calling it carbon capturing) and sure theyre putting CO back in the ground but what thats doing is sweeping from the injection point back through to the well to scavenge and collect oil thats liberated. They dont give a fuck about actually being green, its free energy from natural gas and income from natural gas sales while increasing production. Like i said its already a thing it has been for years. This shit isnt new. Im nkt saying the stock wont go up. Its lucrative depending on the market just hate the misrepresentation of acting like theyre cutting edge green and all that shit.
Paper trade or not, I've been in this one for awhile and actually think it's a good long-term play.
Nuclear's going to take forever to get going with regulation and red tape, so this is a good bridge play over the next few years.
I think Nat gas is going to become alot more popular in the near term.