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Gold/Mining/Energy : Big Dog's Boom Boom Room

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CommanderCricket

isopatch

To: Ed Ajootian who wrote (186266)	11/4/2014 8:36:06 PM
From: E_K_S	2 Recommendations Read Replies (1) of 206097

Re: NG Supply & Demand ED The article points out all the supply (same w/ Oil) but at least for Oil it's the world price that eventually drives price. I am looking at the world price for NG/MMBtu : In Europe they pay 2x-3x more than the U.S. and in Asia it is 4x more. There is/was discussion to open up the increase supplies of both Oil & NG to export w/ legislation to allow domestic supplies to be exported. It will be months if not years for the world's market prices to adjust to our growing domestic production but it will eventually happen. I am probably early to the party buying companies with proven NG reserves, Midstream gatherers & processors, pipeline & storage, and even companies w/ exposure to LNG export (export terminals and LNG vessels). Many of these companies have revenues based on "fee" based long term contracts. Now I am added shares of drillers that also have large proven NG reserves (SFY is one of many) that are selling at multi year lows now. When the NG price spread in Europe and Asia is so large, utilities are looking to NG to reduce their carbon footprint and replace nuclear power, and Russian supply continues to be sanctioned, the world's market demand for NG continues to grow but is not reflected in our domestic price. I am not a trader but investor and am looking at the longer term 4-8 years out and continue to be bullish on everything Natural gas. EKS

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