Adam Sweney

Chemical Engineer. Red Raider. Trader. Violinist. Intellectual fodder enthusiast. Please post a trade idea so I can fade it 😉. @tastytrade = 💯

[Adam Sweney @SweneyMan]

$IMMP

[Adam Sweney @SweneyMan]

$IMMP

[Adam Sweney @SweneyMan]

$UNG falling into oblivion

[Adam Sweney @SweneyMan]

$IMMP insane volume!

[Adam Sweney @SweneyMan]

$UNG wow, natgas is nearly free, sweet!

[Adam Sweney @SweneyMan]

$IMMP

[Adam Sweney @SweneyMan]

$UNG bought 1 mini natgas future (/QGG3) at $3.59

[Adam Sweney @SweneyMan]

$UNG I’m a buyer at NG = $3.50

[Adam Sweney @SweneyMan]

$UNG there’s a reason they call this the widow maker!

[Jim Rickards @JamesGRickards]

Reports of amphibious landings in Odessa are interesting. Odessa produces 67% of the purified neon gas in the world. It's used in lasers to make semiconductors. If we cut off Russia's chips, they cut off the gas that makes the chips. Putin to Biden: "Your move, pal." @Sarge986

[Bloomberg @business]

Texas was "minutes" from a catastrophe that could have taken the grid offline for months https://t.co/guBYdpZjfs

[Adam Sweney @SweneyMan]

@BrandiKHOU Voluntary reduction is not working, so they are forcing variable rate users to reduce usage or pay the price. It might help more people get their power back on if consumption is reduced enough. Mostly affects industrial users and unfortunately households with variable rate plans.

[Adam Sweney @SweneyMan]

@Brendajurgens3 @eptresist @SylvesterTurner I don’t think we can blame a single person. For example, the Southwest power pool which services 17 states had similar outages today. https://t.co/Db43P8gHkP

[Adam Sweney @SweneyMan]

@Soycowgirl @SylvesterTurner They are building new plants, however not all electricity generation is equal. Some technologies do better in the extreme weather than others (e.g. wind/solar don't work well in the cold/if it's cloudy. Natural gas pollutes and it's hard for them to get permits. It's political.

[Adam Sweney @SweneyMan]

@CloudFuel @DepotTint @maselena @SylvesterTurner @wholemars Furthermore, population growth has exceeded the ability to keep up with infrastructure. This can be seen in high growth areas like Austin, DFW, and Houston.

[Adam Sweney @SweneyMan]

@CloudFuel @DepotTint @maselena @SylvesterTurner @wholemars How much has the population of Texas grown in the last 30 years? About 12 million people. We haven't had this level of demand before. The earthquake comparison is only to demonstrate that you don't design for unlikely events if the costs to protect against that event is too high.

[Adam Sweney @SweneyMan]

@CloudFuel @DepotTint @maselena @SylvesterTurner @wholemars Also this is not just Texas having this issue https://t.co/TJ303epCSP

[Adam Sweney @SweneyMan]

@DepotTint @maselena @SylvesterTurner @wholemars CPE said they were forced it to cut its transmission load by so much that it can no longer rotate outages. Translation: "Hospitals and critical infrastructure are getting all the power we have available to give"