BeerPizzaGaming
BeerPizzaGaming OP t1_j63vjxr wrote
Reply to comment by AhbabaOooMaoMao in EVERSOURCE NEEDS TO ISSUE REFUNDS. Nat gas trading @ $2.83 Henry Hub which is down about 70% since August peak. by BeerPizzaGaming
I agree with that. At this point the AG or legislature needs to step in and do something though. This company is out of control.
BeerPizzaGaming OP t1_j63uxnd wrote
Reply to comment by TheAnt06 in EVERSOURCE NEEDS TO ISSUE REFUNDS. Nat gas trading @ $2.83 Henry Hub which is down about 70% since August peak. by BeerPizzaGaming
From your first response;
>Eversource does not make any profit off of delivery.
If you were educated and knew what you were talking about you would know that since generation and delivery were decoupled Eversource cannot mark up generation services they do not perform and ALL of their profit would come from delivery.
Eversource, however, has many subsidiaries which are involved in various aspects of natural gas supply, electricity generation and market pricing in addition to delivery of power and gas etc..
In the mid 2010's there was huge backlash when it was revealed that Eversource was still generating and selling power and at a substantial markup through some of their subsidiaries whom owned power plants. This forced Eversource to auction and sell off those plants (2018 I think but I do not recall exactly).
The whole industry, however, is like the cable industry, it is a protected oligopoly.
Do some research.
BeerPizzaGaming OP t1_j63ptaq wrote
Reply to comment by TheAnt06 in EVERSOURCE NEEDS TO ISSUE REFUNDS. Nat gas trading @ $2.83 Henry Hub which is down about 70% since August peak. by BeerPizzaGaming
We'll see how their profits are over the next 6 to 12 months....
In short, you need to educate yourself a bit more.
BeerPizzaGaming OP t1_j63pmg3 wrote
Reply to comment by ctrealestateatty in EVERSOURCE NEEDS TO ISSUE REFUNDS. Nat gas trading @ $2.83 Henry Hub which is down about 70% since August peak. by BeerPizzaGaming
It does....Perhaps you should read what I wrote and educate yourself before you make idiotic statements.
The natural gas market has been in free fall since August. This is directly correlated to what we pay given the rate is set for 6 month periods. Unfortunately/ fortunately there is not a monthly variance tied to the price of natural gas. There are many issues in play but CT pays the 3rd highest rate only behind Hawaii (whom has to ship all gas in) and Maine. A substantial portion of Eversources profits come from CT relative to the other states they serve. The most recent rate (effective on Jan 1) was set when prices were at their peak.
BeerPizzaGaming t1_j5zr85k wrote
Reply to comment by Saw_a_4ftBeaver in Who's laughing now by RetardGoneDumb
Elon wants FSD so he wont even have to pull out of his driveway.
BeerPizzaGaming t1_j5ypxwh wrote
Reply to comment by Magnasparta1 in Who's laughing now by RetardGoneDumb
With the number of Tesla graveyards they are poised to make a killing once the EV battery material sourcing requirement kicks in. They will keep just enough raw materials for their own batteries and then sell the rest to others at a huge premium. People are literally paying $22K for a new battery assembly when the can fix some issues for less than $10 from their local hardware store if they knew what to look for and do.
If there is a case of "right to repair" against Tesla (or Apple and Samsung) then load up on as many Puts as you can.
BeerPizzaGaming t1_j5ypaaz wrote
Reply to comment by HardtackOrange in Who's laughing now by RetardGoneDumb
Wait until 2 quarters from now. Lots of pull forward demand. These were accounting tricks that were used to bring in revenue and profits early for last quarter from this quarter (something which could not be done if in a dealership model).
Tesla will likely do the same for this quarter based upon how much actual demand/ sales there are. Tesla is likely to hit this quarter due to the IRA applying through March. IF Tesla's do not qualify come April due to the battery sourcing requirements, OR if there are enough materials to source from the Tesla graveyards around the country, we could see a slump the following quarter or revenue and profits beat due to the sale of those raw battery materials to others.
I would never invest in the company because it is way, way overvalued in my opinion, but I will give Tesla credit they are maneuvering nimbly and staying in the news. They are keeping their investor base happy despite some really negative news stories and yet they are able to distract just enough from anything bad that comes out to keep it from impacting the stock price too much.
I honestly think this might be some shady xxxxx investment fund propping up the price due to some back door dealings (not that back door you degenrates).
BeerPizzaGaming t1_iude7fh wrote
If your looking for a simple breakdown.... the incumbent will bash the challenger on their views and ideology. The challenger will say that everything the incumbent has done is wrong and blame the worlds problems on them but not offer any solutions of their own.
Rinse, repeat.
BeerPizzaGaming t1_iu8yai8 wrote
Reply to Need help IDing owner of SD card by nineisnumber
Can you ascertain what number they were on the Lax team? Many yearbooks are publicly available which could aid you in finding the individual.
Also are you certain it is Weston CT and not another Weston E.G. Weston MA?
BeerPizzaGaming t1_itukdx2 wrote
Reply to Been seeing this sticker on cars all over the Boston area this year. What is it? by blueberry1997
Have you seen the movie "The Purge?" Those are stickers that allow them onto the ferry to "safe island" when it happens for real. :D
BeerPizzaGaming t1_itkzm43 wrote
Reply to Meanwhile … In Avon … by Nosmurfz
Its rare to see a Polar and Black bear at the same time.
BeerPizzaGaming OP t1_j63vypk wrote
Reply to comment by [deleted] in EVERSOURCE NEEDS TO ISSUE REFUNDS. Nat gas trading @ $2.83 Henry Hub which is down about 70% since August peak. by BeerPizzaGaming
Poster claimed Eversource does not make anything on delivery. When it comes to deregulating utilities, the whole idea was by having competition on the generation/ supply side overall costs would be driven down. In short this means Eversource cannot markup on the supply/ generation side when they are not the supplier/ generator. As such the ONLY profit they could make would come from delivery.
So maybe you should understand that youre actually the dumbass.