Wanda from Towanda

For all you green energy and clean tech buffs, Natural Gas has a message for you not so fast . Like my man monty09 keeps on telling you guys , natural gas is a force to be reckoned with.

But as evidenced by the story I am about to tell...natural gas is no longer just lining the pockets of traders and large power companies, it is feeding the common man...or woman, in this case.

As a city boy, I really hated being out in Western New York, along a stretch of the old Route 17 (today's U.S. 86) known as the Southern Tier which runs along the northern Pennsylvania border. There was nothing to keep an adrenaline fueled young Midas entertained. Spanning across the old Rust-Belt, this part of the country has been feeling the Recession that's hit all of our pockets recently, for a good thirty years or so.

Ever since the big industrial companies closed down and moved away, this proud, blue collar area has become a haven for welfare recipients, meth addicts and general gloom. Spending time here really sucked. Except for Wanda. From a town called Towanda.

The same town from the article. The hole I knew as a depressed, drunken mess is now blossoming into a modern day frontier town, where work is abundant and hope limitless.

When I knew Wanda she was about the only entertainment in a couple of hundred square miles. We had a blast on her family's farm, engaging in all sorts of semi-legal activity that you will only get to hear about after buying me several rounds at a proper gentleman's club.

We broke up after her dad passed suddenly. She was left a huge piece of land with many expenses to pay. She thought that her life was over and she stopped being fun overnight.

Many people in America today feel the pressure, whether its delinquent bills or too low of a GPA to achieve that dream interview...everyone's problems seem the biggest to them.

I don't know what happened to Wanda. But I do remember the last thing she said to me:

What the hell am I supposed to do with all this damn shale rock?

Not everyone is born on a gold mine. Some people have to dig. Truth be told we all have something in is that makes us rich beyond our wildest dreams.

The real wealth comes from knowing what you have.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (13)

Oct 30, 2010 - 4:50pm
NRG, what's your opinion? Comment below:

I work in the energy industry and can tell you that Natural Gas is here to stay also. I don't see us getting anywhere without nuclear in the future... For the time being, Natural Gas is our cleanest burning fossil fuel, and the majority of the plats that are being created use NG and some other fuel.

Oct 30, 2010 - 5:11pm
loki276, what's your opinion? Comment below:
NRG:
I work in the energy industry and can tell you that Natural Gas is here to stay also. I don't see us getting anywhere without nuclear in the future... For the time being, Natural Gas is our cleanest burning fossil fuel, and the majority of the plats that are being created use NG and some other fuel.

the quicker nuclear power stations are built the better it is. I do not understand the green protest against when its the only viable solution for replacing fossil fuels

Oct 30, 2010 - 6:42pm
guyfromct, what's your opinion? Comment below:
loki276:
NRG:
I work in the energy industry and can tell you that Natural Gas is here to stay also. I don't see us getting anywhere without nuclear in the future... For the time being, Natural Gas is our cleanest burning fossil fuel, and the majority of the plats that are being created use NG and some other fuel.

the quicker nuclear power stations are built the better it is. I do not understand the green protest against when its the only viable solution for replacing fossil fuels

Because greens are irrational ideologists, it's like my evangelical friends who use magical thinking and imagine Jesus is everywhere with them. They embrace an irrational belief, they want us to live like we did 300 years ago.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Oct 30, 2010 - 6:44pm
guyfromct, what's your opinion? Comment below:
loki276:
NRG:
I work in the energy industry and can tell you that Natural Gas is here to stay also. I don't see us getting anywhere without nuclear in the future... For the time being, Natural Gas is our cleanest burning fossil fuel, and the majority of the plats that are being created use NG and some other fuel.

the quicker nuclear power stations are built the better it is. I do not understand the green protest against when its the only viable solution for replacing fossil fuels

Because greens are irrational ideologists, it's like my evangelical friends who use magical thinking and imagine Jesus is everywhere with them. They embrace an irrational belief, they want us to live like we did 300 years ago.

Oct 30, 2010 - 4:57pm
sk8247365, what's your opinion? Comment below:

Clearly bias, but methane has been in PA (Marcellus) wells for some time.

http://www.cabotog.com/vids/water_102010.html

http://www.cabotog.com/comm_susquehanna.html?c=116492&p=IROL-secToc&TOC=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDExOTMxMjUtMTAtMTcxOTgzL3RvYy9wYWdl&ListAll=1&sXBRL=1

Oct 31, 2010 - 10:53am
Blank999, what's your opinion? Comment below:

Our nuclear situation is dire. I wrote a blog piece over on quantnet about it.

http://www.quantnet.com/nuclear-energy/

Check this reactor out:

http://www.inl.gov/research/sodium-cooled-fast-reactor/

Best Response
Oct 31, 2010 - 3:27pm
Eddie Braverman, what's your opinion? Comment below:

Est facere eveniet odit ducimus rerum quo. Voluptatibus magni aut tenetur fuga. Dolore dolor et corporis molestiae. Nulla consequatur maiores dolorem rerum nostrum aut. Ea doloremque mollitia provident quos voluptatibus. Nostrum velit recusandae libero est quam nobis pariatur.

Qui unde iste ut cum. Qui tempore excepturi ea libero laboriosam voluptas nesciunt. Autem placeat adipisci id. Laboriosam facere impedit optio.

Numquam recusandae recusandae nulla eligendi est sit. Repellendus iusto eum possimus possimus. Et corrupti ipsam reprehenderit nisi animi debitis. Id dicta placeat maiores cupiditate placeat ratione hic.

Velit earum sapiente aut voluptates rerum quia. Sed et aspernatur laboriosam rerum molestiae modi.

Start Discussion

Career Advancement Opportunities

July 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

July 2022 Investment Banking

  • Lincoln International (▲06) 99.6%
  • Jefferies & Company (▲11) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (▲01) 98.4%
  • Evercore (▽01) 98.0%

Professional Growth Opportunities

July 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

July 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (192) $256
  • 2nd Year Analyst (117) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (369) $150
  • Intern/Summer Associate (79) $147
  • Intern/Summer Analyst (292) $92