Wednesday, March 07, 2012 10:44:27 AM
Poised to Benefit
The Paragon Report Provides Equity Research on Chesapeake Energy & Westport
Innovations
NEW YORK, NY, Mar 07, 2012 (MARKETWIRE via COMTEX) -- Natural gas prices are
bordering on decade low levels this week as above normal temperatures across the
nation push usage down. The dramatic drop in natural gas prices, combined with
the United States' abundant supplies has prompted fuel switching by utilities
away from coal into cheaper gas. Moreover, the large supply of natural gas has
prompted the government to consider boosting exports of liquefied natural gas.
The Paragon Report examines investing opportunities in the natural gas market and
provides equity research on Chesapeake Energy Corporation (CHK) and Westport
Innovations, Inc. (WPRT)(CA:WPT). Access to the full company reports can be found
at:
http://www.paragonreport.com/CHKhttp://www.paragonreport.com/WPRT
Last month, Energy Secretary Steven Chu said that the U.S. Energy Department will
not make a decision on future liquefied natural gas exports until it has weighed
the potential consequences of sending U.S. gas abroad. Chu explained that there
was concern that exporting the nation's surplus natural gas could lead to higher
prices, but that had to be balanced against the economic benefits of increasing
the U.S. exports.
Louisiana state Economic Development Secretary Stephen Moret says that --
provided natural gas prices remain low, but not too low -- Louisiana will see
tens of billions invested in petrochemical plants and LNG export terminals and
also thousands of construction and permanent jobs that accompany them.
The Paragon Report provides investors with an excellent first step in their due
diligence by providing daily trading ideas, and consolidating the public
information available on them. For more investment research on the natural gas
market register with us free at http://www.paragonreport.com and get exclusive
access to our numerous stock reports and industry newsletters
Earlier this month, Senator Jeff Bingaman, and chairman of the Energy and Natural
Resources Committee, introduced a measure to force electricity companies to use
an increasing share of energy produced from "clean" sources over the next two
decades. Bloomberg reports that natural gas, which already is edging aside coal
in American electricity generation, would be one of the biggest beneficiaries of
a clean-energy mandate.
"The obvious goal is to expand it beyond renewables in order to get enough
votes," said Dan Simmons, director of regulatory and state affairs at the
Institute for Energy Research in Washington, a group critical of the legislation.
"By including natural gas, it's a way to broaden support."
The Paragon Report has not been compensated by any of the above-mentioned
publicly traded companies. Paragon Report is compensated by other third party
organizations for advertising services. We act as an independent research portal
and are aware that all investment entails inherent risks. Please view the full
disclaimer at http://www.paragonreport.com/disclaimer
SOURCE: Paragon Financial Limited
Copyright 2012 Marketwire, Inc., All rights reserved.
FEATURED Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • Jun 14, 2024 2:07 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM