Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: profile_14 who wrote (42747)	4/26/2005 9:55:32 AM
From: CommanderCricket	Read Replies (1) \| Respond to of 206328

profile, "we are about two years away from receiving LNG in sizable quantities, based on everything I have read." Where have you read NA will receive sizable quantities of LNG in 2 years? What's sizable? 1 - 2 BCF/day? - that's less one year of depletion at current rates. Who's building the LNG trains to supply this LNG? The infrastructure involved to make a difference is enormous and I haven't seen anything that changes the dynamics of the market this side of 7 - 8 years. Besides, the near term opportunity is this summer and inventory for the next winter and LNG will have little or no impact on this years problems. Would like to read these articles as I could be wrong here Michael

To: profile_14 who wrote (42747)	4/26/2005 10:33:29 AM
From: SliderOnTheBlack	Respond to of 206328

BINGO! ["One hiccup in the world stage or economy and it all goes into the tank."] We have a BINGO with #42747 ! Those not looking for "a horse to like" certainly noticed this litte comment by SLB: * "Industry should be set for continued growth absent a recession" * ..."should" isn't exactly the most confidence inspiring term in the book....and "absent a recession" is the CAVEAT EMPTOR mother of all caveats ~ Hmmm; you think SLB realizes that the US has ALWAYS entered a recession anytime the FED has hiked rates into an Oil/Gasoline spike ? Or, maybe they don't have their heads buried in the Permabull Sand and have noticed the flattening Yield Curve heading toward Inversion ! Or, maybe they realize this: Message 21265673 PS: they also noted Russian production activity picking up. But, what I am most amused by; is the Permabulls changing their tune over new additional Saudi Production. - Their arguement has been that PEAK OIL is here & now for the Saudi's that Ghawar was in major rollover...gushing more water than Oil and that NO ADDITIONAL PRODUCTION was possible from the Saudi's - none. In fact they were arguing that their present production was overstated (rotflmao). - well now; that has been proven WRONG ! & the Permabull Spin Doctors have now changed their tune to: ...okay, there is new production; but the new production does not matter because it's "sour" vs. light-sweet. WRONG. They most important take on the Oilpatch here & now is this: Bad Economic MACRO has, is and will always TRUMP good MICRO in the Oilpatch. PS S: NEWSFLASH: ...much of those XLE shorts are Oilpatch insiders hedging their Insider Holdings because when they sell their holdings in the open market - they (and their stock) get hit with so much negative publicity. Remember Freide Goldman (FGI) and how wrong all those shorts were ? Tic' Toc` ...and profile_14....right you are on LNG. Speculative money is focused on & invested in Oil Sands. Smart Money (XOM etc) is focused on and invested in LNG. - always follow the Smart Inside Industry Money vs. Outside Speculator Money when betting on the future in Cyclicals. LNG's effect upon Nat Gas will come sooner and be bigger than pundits are presently factoring in.... just ask the folks at XOM and monitor the activity in Qatar...follow the money ~ Also; vis a vie Consumer Confidence, spending, recession: The Conference Board’s U.S. Consumer Confidence Index Declines More Than Five Points In April. Expectations fall to lowest level in nearly two years !!! * Consumer Spending is 2/3rds of US GDP... TIC TOC~ conference-board.org