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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (17524)1/5/2016 9:56:44 AM
From: The Ox2 Recommendations

Recommended By
isopatch
John Pitera

  Respond to of 33421
 
With nearly all the different areas of the NG/Oil markets being pushed and pulled in different directions, it's going to be a very interesting 2016 for the patch.

Earthquakes in OK associated with fracing is another relatively new issue hitting the front pages. We're only at the beginning of the consolidation likely to take place in the US energy markets, so those deep pocketed and well run entities with solid balance sheets are going to be able to take advantage of those who will fail.

I'm certainly in the camp that would "like" to see oil and NG stabilize for a few months but the way they are trading lately, it's difficult to envision this happening at this stage of the process!