Ferris Fueler’s Day Off

Gas moves pretty fast. If you don't stop and look around once in a while, you could miss the export window.

[Ferris Fueler’s Day Off @PipelineHustle]

I've reviewed probably 100+ "behind-the-meter" gas to power projects over the last 12 months, and the only ones that seem to get over the finish line leverage existing grid interconnect infrastructure (e.g., Chevron's Kilby or CyrusOne's in TX). Have yet to see true BTM go ahead

[Ferris Fueler’s Day Off @PipelineHustle]

Going to take out a second mortgage to buy 15 square feet in the New Mexico Delaware

[Ferris Fueler’s Day Off @PipelineHustle]

@patrick_oshag Regardless of the numerous holes and internal inconsistencies here, I think the key takeaway is that ball control over high quality resource and associated infrastructure is inherently valuable across the entire spectrum of outcomes

[Ferris Fueler’s Day Off @PipelineHustle]

Really like $MTDR and Five Point's purchase of Cardinal Midstream (~7x TEV / EBITDA), seems like great value especially in today's ABS heavy market for assets they know well and can likely optimize

[Ferris Fueler’s Day Off @PipelineHustle]

Nice to see Joulent get their deal over the finish line. I remain a bit skeptical of the economics of that project based on what I've seen but regardless a big step forward for solving the Permian data center question...

[Ferris Fueler’s Day Off @PipelineHustle]

DigitalBridge buying ArcLight is so clever and yet virtually no coverage...$DBRG

[Ferris Fueler’s Day Off @PipelineHustle]

Insane to me that we finally have a prolonged Jones Act waiver that just happens to be an election year in California with absolutely zero discourse as part of the race #oil

[Ferris Fueler’s Day Off @PipelineHustle]

Not in my backyard (Sweetwater, TX)

[Ferris Fueler’s Day Off @PipelineHustle]

Does the Permian or Bakken become a gas basin first? #eft

[Ferris Fueler’s Day Off @PipelineHustle]

Permian #gasbulls along for the whiplash right now #natgas

[Ferris Fueler’s Day Off @PipelineHustle]

Iran situation is such a huge bull sign for US LNG…obviously Ras Laffan outage is good for short-term supply but higher oil prices → more Permian associated gas → lower HH → better spread to JKM / TTR #natgas #LNG

[Ferris Fueler’s Day Off @PipelineHustle]

Genuinely don't understand how any end users could consider future contracts with $VG #lng #natgas

[Ferris Fueler’s Day Off @PipelineHustle]

Permian and Appalachia best positioned to support growing #datacenter #natgas demand per RBN

[Ferris Fueler’s Day Off @PipelineHustle]

Good morning Vietnam #gostros

[Ferris Fueler’s Day Off @PipelineHustle]

Henry Hub hasn't moved much despite the Qatar LNG outage -- why? US LNG exports facilities are already running at or near full capacity so there's no more juice to squeeze. All the arb is going to the marketers $CQP $LNG $RDS $BP #natgas #lng #eft

[Ferris Fueler’s Day Off @PipelineHustle]

Refusing to teach Claude the “black magic” cum prod from drilling schedule Excel function to support the job security of the Houston IB industry #eft #ai

[Ferris Fueler’s Day Off @PipelineHustle]

In my opinion a long-term $70/bbl price deck blows Permian gas wide open as well as makes energy capital markets meaningfully more exciting #iran #natgas

[Ferris Fueler’s Day Off @PipelineHustle]

#natty

[Ferris Fueler’s Day Off @PipelineHustle]

Bet there are quite a few recent sellers who wish they would have slow rolled-some of those documents for a couple weeks longer (looking at you $OVV)

[Ferris Fueler’s Day Off @PipelineHustle]

Trump right now #Iran