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


To: Dennis Roth who wrote (87871)7/22/2007 6:29:29 PM
From: Bearcatbob  Respond to of 206209
 
Dennis, I think the LNG importers have buyers lined up as well.

Bob



To: Dennis Roth who wrote (87871)7/22/2007 6:38:13 PM
From: quehubo  Respond to of 206209
 
NG futures getting whacked tonight. There are some pretty alarming reports out there showing future LNG import expectations. Until we started seeing all these imports finally arrive this Spring, I considered these high import levels very unlikely.



To: Dennis Roth who wrote (87871)7/22/2007 7:00:21 PM
From: quehubo  Read Replies (1) | Respond to of 206209
 
Lehman shows 8.4 bcfpd of gasification capacity coming on line in Mexico and USA next year.

We may have to wait awhile longer before NG becomes scarce. Perhaps we will have some good buys by then.



To: Dennis Roth who wrote (87871)7/22/2007 10:35:11 PM
From: elmatador  Respond to of 206209
 
Why high oil prices is good for world's economy: 98 oil was US$ 10. 03 was US$ 25,7. Today is US$ 70.

The world economy, despite this x7 jump is growing hot like hell.

Give one example: Brazil sold to Chavez Venezuela US$ 608 million, in 2003, last year sold US$ 3,6 billion --increase of 492%.

Compare with the low oil price period: 1999 to 2002, the growth was only 48% in 4 years, when what we sold to Venezuela went from just US$ 536,7 million to US$ 798,9 milhões

The growth has been accelerating: Beef exports increased 449% in the first semester iof this year. Cars increased 147,55%. Venezuela imprted 9,35% of all cars exported by Brazil.