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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 688.98+0.5%Jan 22 4:00 PM EST

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To: ggersh who wrote (2439)4/14/2010 11:57:45 AM
From: robert b furman1 Recommendation  Read Replies (3) of 222272
 
Hi Gersh and GZ,

Fundamentals are there is a lot of it due to new technology (that I see every week as I drive to Shreveport.

They have new techniques that include horizontal drilling and high pressure fracturing of the shale (explosives followed by hydraulic pressure) which promotes the gas to flow out from under the high pressure in the ground.

Many firms here in Houston are being gobbled up as M and A spreads through the fragmented sectors who service this new process.

There is a ground swell of implementation as we have found a 100 year supply.

As the infrastructure is built out NG will power big rigs east/west runs and displace demand for diesel.

It is a great business but now somewhat lagging due to timeline on infrastructure build out.

Our biggest fleet deal included 160 4X4 3/4 ton trucks to a pipe line company.

Obama hasn't supported NG ,but the industry is moviing without government endorsement - its clearly a powerful trend.IMO

Bob
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