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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: GREENLAW4-7 who wrote (94269)12/5/2007 9:28:04 AM
From: onginvester  Read Replies (2) of 206151
 
Greenie, son be careful NG is a wildcard, at any time NG can explode. NG is cheaper in USA than anywhere in the world right now, 1/2 to a 1/3rd of what Europe is paying. It took 3bcfd LNG imports all spring and summer to get storage 100bcf more than last year. LNG won't be coming to U.S. until prices rises dramatically, Canada's NG will most certainly decline due to less drilling of late and the old ratio of CL/NG 6 to 1 has been stretched to like 12 to 1. The big IF is when that ratio corrects. Look out when it does.
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