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


To: richardred who wrote (155257)8/12/2011 11:11:39 AM
From: Dennis Roth  Read Replies (1) | Respond to of 206085
 
>> Encana is starting to look cheap again. <<

It should look cheap. It's all gas with most of its resource in Canada. Shale gas in the
lower 48 is costing it its export market and holding gas prices down, and the LNG export
path to the Asia market doesn't exist yet. Some day the NA nat gas market will tighten up and
prices will get up off the floor, but not soon, IMHO.