InvestorsHub Logo
Followers 16
Posts 1503
Boards Moderated 0
Alias Born 05/03/2005

Re: DewDiligence post# 2653

Monday, 05/09/2011 9:34:48 AM

Monday, May 09, 2011 9:34:48 AM

Post# of 29406
DOE frack panel

i suspect obama will get something quite different than what he expects. From a superficial perspective the panel is composed of a mix of quasi-industry, environmental, and academic 'experts'. I know most of the people on the panel are very liberal and i suspect all are of that persuasion, however, that doesn't matter much beyond that they'll give obama something they think he wants. What is more important and is a shared goal of the panel members is that they all want higher natural gas prices - whether they want that explicitly or not. The large multinational production and service companies that have been expanding or trying to expand their operations in shale gas will also be quite happy with the higher price goal. So the stars are aligned for everyone but those whose are crimped by higher natural gas prices.
cheers,
Charlie

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.