As Natural Gas Prices Decline, Natural Gas Stocks Rise [View article]
I believe we will see with EPA and Congressional mandates for a greener GNP, the use of LNG (liquid natural gas) double or triple in the next 2-3 years. So while there may be a glut today of LNG's, regular market conditions will correct the over supply in short order (6-9 months at the outside). That is simply the way of ALL commodities. If it were otherwise, there would not be International Exchange markets for the future trading of any such commodities. I am wholeheartedly backing Mr. Shaefer's opinion in his SEEKING ALPHA article. I am also loading up on NG stocks that are trading 90-95% lower than their 5 year averages. One of the best looking stocks on the NASDAQ is CROSSTEX (XTXI). Check it out if you are interested in a 10-20X return on an investment today.
As Natural Gas Prices Decline, Natural Gas Stocks Rise [View article]