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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (108138)7/9/2025 12:40:56 PM
From: isopatch1 Recommendation

Recommended By
Mick Mørmøny

  Respond to of 108578
 
Another Uh Oh. Thanks for the heads up.

Iso



To: Investor2 who wrote (108138)7/10/2025 12:22:59 PM
From: roguedolphin3 Recommendations

Recommended By
Hugh Bett
Investor2
isopatch

  Respond to of 108578
 
Top Three natural gas fired turbine manufacturing companies: artizono.com.

Doomberg's Equilibrium price of oil is $55/bbl is based on pricing crude oil on the energy content of natural gas. The global price of natural gas is currently $10 to $12 per MMBtu. We are many years away from having enough infrastructure to make this happen.

In a perfectly balanced world, $55/bbl for oil might make sense, BUT at least for the next few years the world will require a lot more oil-based transportation fuel than natural gas.

I do agree that the outlook for North American natural gas is very bright because the price of U.S. natural gas will move toward the global price as our LNG export capacity increases. Plus, we are going to see a lot of AI Data Centers where the big natural gas supply is (Permian Basin, Appalachia, Western Canada).

I also agree that the U.S. really needs to update the power grid and build a lot more natural gas fired and nuclear power plants. Abundant and reliable energy is what will MAKE AMERICA GREAT AGAIN.

Today, and over at least the next few year, my opinion is that $75 to $85 is the "Right Price" for WTI. It is also my opinion, that the Israel / Iran war is far from over AND it will have an impact on the oil price.

Dan Steffens
Energy Prospectus Group