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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (21418)7/21/2009 7:50:03 AM
From: Activatecard  Read Replies (1) | Respond to of 71426
 
Rotary Rig Count 7/17/2009

investorvillage.com



To: Real Man who wrote (21418)7/21/2009 9:20:11 AM
From: Tommaso  Read Replies (1) | Respond to of 71426
 
I have been following and investing in natural gas for maybe twelve years. Although there may be some rebound from current low prices, the fracking of huge formations of tight shale--a technique pioneered only a few years ago in the Barnett Shale by the Mitchell company--appears to have assured a growing supply of natural gas for many years to come. If, however, low prices delay exploitation of these formations, supply may be constrained enough to at least support prices at current levels. A very promising development would be conversion of long-haul trucks to natural gas power--as Boone Pickens suggests. Gas is not as practical for cars because you either have to have a large tank for compressed gas, or else a superinsulated high-pressure tank for liquified gas.

I am going to go on holding my Canadian energy trusts but I am not certain enough about what will happen to natural gas prices to add anything right now.



To: Real Man who wrote (21418)7/21/2009 9:27:55 AM
From: re3  Read Replies (1) | Respond to of 71426
 
<<<Lots of
smart folks

that is one thing that i wonder about re the nat gas trade (UNG,etc)

aren't too many people trying to delicate genius* this trade ?

(*a line from my favourite tv show -g-)