Replies to post #1063 on Energy (Oil & Gas) Stocks | NYSE | AMEX | NASDAQ

[Timothy Smith]

I think the pipeline would be a good thing as it improves domestic energy security and reduction of oil from over seas.

I'm not sure about the costs either but if it improves supply it would in theory help reduce costs (demand) but then again if oil is holding prices like these in an economy like this what happens if we uptick?

I think either way oil prices are sure and steady in this range with the potential of a sharp increase as emerging markets pick up speed again (which they will).

[Timothy Smith]

$KOG $LNG - The discussion continues to shift towards oil plays in the shale exploration space and with that the conversation always seems to shift towards the Bakken.

It is the most prolific oil shale in the US and current explorers have a pretty good understanding of the play now.

When we get emails or discuss the Bakken with others it always seems that the conversation finds its way to Kodiak Oil & Gas (KOG) with some really liking this as their Bakken play and others simply liking it due to its liquidity and the ability to play momentum.

Looking at momentum and risk-on trades, look no further than Chenierre Energy (LNG) which closed at another 52-week high.

Not only was it a new high, but it blew away the previous high as the low for the day was still above the previous high - if you want to discuss bullish moves, that is certainly one!

Shares are now in unchartered waters here technically speaking, but it looks like the $25.50-26/share level could be the next area where shares could face resistance.

Chenierre has been on a bull run over the past few months and the trend is your friend here.