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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (28839)2/18/2003 12:06:15 AM
From: energyplay  Read Replies (2) of 74559
 
Hi Kastel - North American Natural Gas is getting less boring- heading for a very serious shortages with cold weather, declining supplies, and not enough drilling.

The pricing of NG can still go higher - right now it's priced like rest of the winter will be warmer than average. This winter not only reverted to mean, it was colder than average.

Canadian storage is lower percentage wise than U.S. storage.

Canadian pricing has risen more than U.S. pricing in percentage terms.

Royalty trusts, like ERF, PWI, NCN, PGH, and AVN.to have just starterd to raise their payouts.
many of these payouts are in the 8 to 16 % range.

Chart of ERF -

siliconinvestor.com

Chart of NCN -

siliconinvestor.com

Meanwhile, they keep steadily climbing in value, about 1 % per WEEK or better.

Some time in the next four months, maybe after the Q1 reports in April, the rest of Wall Street will realize the value in the roylaty trusts, and Natural gas heavy E&Ps, and we may see 25% appreciation in a few weeks.
Right now enough people realize it to push values up steadily...
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