lance sjogren

Keeping Our Confidence in Strong Energy Stocks

"yet the stock price action undoubtedly relates to broader issues"


How about the broader issue of the plans for the Obama administration to levy trillions of dollars of new taxes on the industry, which I believe will demolish the US oil and gas industry and guarantee that no company ever makes another dime producing oil or natural gas in the United States.

You think that might have something to do with it?


What lunatic would invest in US oil or gas companies when the federal government has expressed its determination to levy astronomically large new taxes on the industr?

Are investors counting on the Republicans taking over in 2010?

While Natural Gas Production Increases, Company Stock Prices May Not

As a NG investor, the ideal scenario is that enough new gas comes online to keep the price reasonable (avoiding boom/bust cycles, demagogic attacks from the politicians, etc), while the amount that gets into production is modest enough that the price stays stable (including a gradual rise for inflation).

Unfortunately, commodities prices don't tend to follow such ideal scenarios.