Social Media Reacts To Jerry Jones-Owned Gas Company Hitting ‘Jackpot’ As Texas Freeze Drives Up Prices (TWEETS)
For the past few days, there have been millions of Texans without power due to a deadly winter storm that has brought record low temperatures to the state.
Roland Burns reportedly bragged that the week has been “like hitting the jackpot,” according to the Dallas Morning News.
“This week is like hitting the jackpot with some of these incredible prices,” Burns said. “Frankly, we were able to sell at super premium prices for a material amount of production.”
Burns is the chief financial officer at Jerry Jones’ natural gas company.
“Gas from Comstock’s Haynesville wells was sold on the spot market for between $15 and $179 per thousand cubic feet, chief financial officer Roland Burns said Wednesday on an earnings call. That translates to between $15.55 and $186 per million British thermal units.
“This week is like hitting the jackpot with some of these incredible prices,“ Burns said. “Frankly, we were able to sell at super premium prices for a material amount of production.”
Jones invested heavily in Comstock in 2018, becoming the company’s controlling shareholder.
Social media heard this news and reacted on Twitter: