Steven Ward

Why Are Natural Gas Producers Expanding Production So Aggressively?

Very good article. No one needs to buy NG until fundamentals and chart patterns show the uptrend. To guess the turnaround in NG is catching the proverbial falling knife.

Maybe the internationals won't help either. XOM by 2011 can ship LNG to the states for $3.00, that includes trans costs.
Talisman says they will get their shale plays profitable at $4.00 gas.

Turning NG to liquid fuels? Export LNG to Europe? It might help.

Oil Industry: Farewell, Good Old Days

Companies like XOM have the cash to purchase assets on a cheaper basis than what the pricing was in the last year. XOM has been stubborn in its belief that oil and gas pricing was too high for price sustainability nand therefore refused to pay the asking prices of 100 dollar barrel oil for proved and probable assets.

How long the respite in pricing I simply don't know. But the CHK's of the world are increasingly vulnerable to takeover at a less than desireable price than just 6 months ago.
OPEC's historical power has not to be able to maintain high pricing but to rather the ability to drag low pricing off the floor.But only after 18 to 24 months of wrangling amongst its members.

the early predictions of the Exxon's, the Chevron's and the Total's of the world going the way of the Dodo hyave been pre-mature at best and wholly inaccurate at its worst.

In an age of lower pricing and tight credit who but the well heeled can sit and wait and self fund purchases of assets.

T. Boone Pickens' Stocks Struggle

I was not aware one whit that T. Boone held so many engineering and oil service stocks in his portfolio.

Chesapeake Energy Called the Market's Bluff

Any opinions out there on XTO? Is it as good as CHK?
XTO is also in a stock price downward path. Any buy entry points? Again, how does it stack up to CHK?

Chesapeake Energy Called the Market's Bluff

The real problem for CHK and others like her is the use of water in the fracturing process. The amounts are huge and already a water shortage is developing in Denison County Texas, heart of the Barnett Shale,for 2010 and that comes from the local water commiisioners who have been, obviously, pro drilling and pro development.

This problem will come to the forefront regardless of who is President. The drillers will have to go back to gel packs which will raise the cost substantially. This should reduce supply which will drive up prices.
The water issue is worsening and it can no longer be overlooked as well as waste water disposal which is just as serious.
I own tar sands and Bakken shale stocks who also have their pollution problems but this specific issue will come down harder on the investor.
I predict fratracide warfare amongst the Dems. will be fun to watch.

Q2 2008 Portfolio Moves: David Winters, T. Boone Pickens, Jim Puplava

Hey guys, I got an idea: why don't we find out if Picken's is sincere on the "Wind to Energy" idea or just an elaborate ploy for water sales. Which if true is brilliant.

Write your Congressman, US Senator, tell them we should build a pipeline from the Grat Lakes to the Mid continent Prairie to ensure wheat and corn productiion due to changing weather patterns.

Then see what happens. A movement could be started.