Robert A. Weigand

Jacobs Engineering: Fundamental Analysis Suggests Strong Infrastructure Play

All good points. At the time we originally recommended the stock the long-term price forecasts for oil and gas were bullish across the board. These have moderated a little recently, but our thesis is that peak oil is real, which will necessitate larger moves into nat gas sooner than the market is currently forecasting. On this, we won't know for sure for 3-5 years, but that's our thesis right now. Thanks for commenting.


On Jun 30 11:16 AM Ferdinand E. Banks wrote:

> Larger pipelines from Canada and Alaska to the lower '48. Hmm.<br/>
>
> If I remember correctly Governor Palin suggested the same thing,
> and some representative of Big Gas called her suggestion 'politically
> wise but economically stupid'. I certainly am no supporter of Ms
> Palin, but she might have been correct. Might! The issue of course
> is how much gas would actually reach the US, and not be siphoned
> off (in laterals) to be shipped (in LNG form) to Asia. I also think
> that I mentioned in my energy economics textbooks that nobody in
> Canada or Alaska is likely to ship any gas toward the US as long
> as its price is where it is now.

Now Is the Time to Consider Jacobs Engineering Group

We can provide the fundamental analysis on Jacobs Engineering:marketblog.wordpress.c.../
Dave's macroeconomic themes are corroborated by the numbers. JEC looks like a good bet for the long term.