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Re: Trueheart post# 19

Tuesday, 07/05/2011 6:23:37 PM

Tuesday, July 05, 2011 6:23:37 PM

Post# of 1843
I'd say so, and it looks like other might agree. What do you think?



It is expected that fee-based pipeline and terminal operators will continue to expand earnings well in excess of anticipated real U.S. GDP growth in 2011. The improving global economy and higher crude oil prices will benefit storage and transportation companies. The recent surge in foreign investment entering North American onshore unconventional resources such as oil sands has kept M&A markets strong and placed upward pressure on industry valuations. The EIA estimated that natural gas consumption rose 5.7% in 2010. The EIA estimates that natural gas consumption will increase 0.5% in 2011 and 0.7% in 2012.


This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so consult a licensed professional making any decisions. My resume is real time on Twitter @TurnKeyOil.