Replies to post #4048 on The Rising Influence of Rising Affluence

[go seek]

At some point in time the political climate will go positive for NG. It is too valuable a resource to be ignored. Also the cold weather will come and producers will begin to shut in production. Expect CHK will see $25 in due course. $15 is possible, but highly unlikely. NG (the cat) is out of the bag... The NG market inbalances will correct. Time to wade into CHK... IMO

[DewDiligence]

Their best hope is increased [LNG] export, but that's going to be a tough sell to Congress.

I don’t think a lot of people in Congress are opposed to LNG export per se; however, the regulatory process to gain approval for an export terminal is sloooooooow. See #msg-57238659 and #msg-63478659 for related info.