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Caustic's Crystal Ball
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<blockquote data-quote="papavillars" data-source="post: 807523" data-attributes="member: 13564"><p>I agree with part of the statement,but electricity will not rise as high as expected by this forum due to the price of natural gas. In Texas the coal industry is hurting. The electric companies have withdrawn over ten requests for coal fired electric power plants. I have two gas wells on my farm , located in Fairfield Texas, and my revenue checks are down 52 %. As far as batteries or as they are known in the industry power cells, they are making great strides. My son-in-law who has his phd in mechanical engineering specializes in alternative power sources. He helped to develop a new power cell to use in wind power technology. They are sure this cell will in the future be used in electric/ dual powered vehicles. Of course this year we are going to pay a higher price for fertilizer due to gas prices. Like most on this forum I am trying to decide when to sell and at what weight. A couple years ago natural gas prices were high but cattle prices were down. I guess I am being greedy but sure would like to have natural gas and cattle prices high.</p></blockquote><p></p>
[QUOTE="papavillars, post: 807523, member: 13564"] I agree with part of the statement,but electricity will not rise as high as expected by this forum due to the price of natural gas. In Texas the coal industry is hurting. The electric companies have withdrawn over ten requests for coal fired electric power plants. I have two gas wells on my farm , located in Fairfield Texas, and my revenue checks are down 52 %. As far as batteries or as they are known in the industry power cells, they are making great strides. My son-in-law who has his phd in mechanical engineering specializes in alternative power sources. He helped to develop a new power cell to use in wind power technology. They are sure this cell will in the future be used in electric/ dual powered vehicles. Of course this year we are going to pay a higher price for fertilizer due to gas prices. Like most on this forum I am trying to decide when to sell and at what weight. A couple years ago natural gas prices were high but cattle prices were down. I guess I am being greedy but sure would like to have natural gas and cattle prices high. [/QUOTE]
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