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Karl W Miller
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  • Energy Update: Senior Energy Executive Karl Miller Made the Call on Natural Gas and the Energy Sector 0 comments
    Jul 7, 2010 5:26 PM | about stocks: CHK, RRC, MDR, WMB, KMI, APA, XOM, CVX, APC, AES, MRO

    Energy Commentary from Karl Miller - Read Bio and More info

    July 7, 2010 (Investorideas.com energy newswire) - (Investorideas.com energy newswire) - www.InvestorIdeas.com, a leading investor research portal updates energy investors with previous commentary from Senior Energy Executive Karl Miller on the current status of the US Natural Gas Industry.

    On December 30, 2009, Mr. Miller issued his ground breaking analysis entitled "Why the U.S. Natural Gas Industry is NOT in a State of Permanent Excess Supply", required reading for all investors. See Weblink: http://www.investorideas.com/news/123009a.asp

    Mr. Miller is a strong proponent of natural gas and called the revival of natural gas early 2009. See Weblink: http://www.investorideas.com/news/122909a.asp. As Mr. Miller cited in his December 30, 2009 analysis, he believes gross inaccuracies have been portrayed about Natural gas production, storage and supply in the media and due to lack of accurate reporting of production data.

    Mr. Miller also opined in December, that he believed the market was grossly underestimating the price volatility of Natural gas going into the summer of 2010, and in essence was being lulled to sleep. Mr. Miller issued another warning to investors on May 28, 2010 advising that "Investors Should Be Over-weighted in US Energy and Infrastructure Companies Now, Going into the Summer Cooling, Driving and Hurricane Season" and should have rotated their portfolio’s to an overweight position into Energy and Infrastructure Companies. See Weblink: http://www.naturalgasstocks.com/Karl_Miller/news/5281.

    As Mr. Miller has pointed out on multiple occasions, stating the obvious, Natural gas is utilized by three major class of consumers; i) the power generation industry; ii) the industrial complex; iii) the local utilities across the U.S. which distribute natural gas to individual homes and office buildings.

    In speaking to Mr. Miller this morning, he re-confirmed that we are well into the summer cooling season, with forecast for an extraordinarily hot summer, and as everyone already knows the weather forecasters are calling for a very volatile hurricane season.

    Mr. Miller further advised that the market is starting to pull very large volumes of natural gas from storage to run the natural gas power plants, that are essentially the last line of defense to stabilize the transmission grid across the US, next to load shedding or cutting back large industrial customers, which is very difficult to do in the current economy. Renewable Energy Assets such as Wind, Solar and other alternative sources are basically useless at peak usage in the summer and for load balancing. The transmission grid lives and dies by the availability of the Natural Gas power plants across the US in times of stress and maximum demand, like peak summer.

    Mr. Miller further advised that all it would take is one Category 2-3 level hurricane to come up the Gulf Coast of Texas/Louisiana and all bets would off on the price limits for Natural Gas as shallow water production and the petrochemical, refinery and petrochemical complexes would be massively interrupted if not completely shut down.

    Follow Karl Millers market and energy commentary at
    http://www.naturalgasstocks.com/Karl_Miller/

    Investors following the energy sector can also follow Karl Miller in the energy news RSS feed. Subscribe here:
    http://www.investorideas.com/RSS/feeds/Energy.xml

    Energy Investors can research energy stocks with the natural gas stocks directory and the oil and gas stocks directory listing publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.

    About InvestorIdeas.com:
    InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering investing in water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.

    Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp

    Karl Miller Disclaimer: http://www.naturalgasstocks.com/Karl_Miller/
    Energy Commentary from Karl Miller is the opinion of Karl Miller. Content found in the articles is subject to the terms found in the InvestorIdeas.com disclaimer and does not represent a recommendation of investment advice by Mr. Miller. Investors should seek the advice of a qualified investment professional prior to making any investment decisions.

    Source – Investorideas.com



    Disclosure: Long US Energy Companies
    Themes: Natural Gas, Energy Stocks: CHK, RRC, MDR, WMB, KMI, APA, XOM, CVX, APC, AES, MRO
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