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u3ratsinabag

12/30/14 4:17 PM

#1950 RE: Spanky227 #1948

Probably surge in price as inventories decline until drilling ramps up enough to balance supply/inventory (which can happen rather quickly).
Throw in mother nature, maybe a couple hurricanes in the gulf and who the hell knows.

All I do know is that I'm long long on Cheniere, and temporarily bullish on nat gas (after tomorrows inventory report)
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Rock_nj

12/30/14 4:18 PM

#1951 RE: Spanky227 #1948

It will put some upside pressure on the price of nat gas, but there is a question at the moment regarding how much nat gas / LNG we are going to ship. The Louisiana facility is set to open late in 2015 and one other may be completed, but with the drop in oil / nat gas prices, the others might not be built in the near-term. We are also shipping more nat gas to Mexico each year, as pipeline capacity is expanded.
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morley

12/30/14 4:24 PM

#1952 RE: Spanky227 #1948

I agree with you regarding if we start exporting NG that the price will go up, but when will that happen and due to the length of time for it to happen what will UGAZ due in terms of rot/decay