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jarco

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  • Inventory Injection Numbers Bullish for Natural Gas [View article]
    I don't see any reference to the recent and vast discoveries of NG in Hydro-Fracture. Much of this is coming onto the market at fairly low prices reflecting the low finding and distribution costs. Seems to me this would be more of a factor than LNG, for example. Comments?
    Jul 5 12:07 PM | Likes Like |Link to Comment
  • The $62M Pickens Project: Natural Gas Legislation by Memorial Day? [View article]
    Missing here is a more economical and familiar alternative investment to maximize use of natural gas; namely, NG to every house and other building currently using expensive, imported, and dirty #2 fuel oil. Largely used in the northeast, oil burners are expensive to maintain, dirty, smelly, with unpredictable fuel availability during typical ice and snow storm scenarios.

    The "build out" stimulates construction job opportunities, uses proven heating equipment and technologies, and get's us off a sizable (albeit a moderate proportion) volume of imported oil. Aside from the product cost, transporting natural gas through a pipeline is far cheaper than tankers from far away refineries followed by inefficient fuel truck delivery to each customers home. Comments?
    Mar 7 04:22 PM | 1 Like Like |Link to Comment
  • The $62M Pickens Project: Natural Gas Legislation by Memorial Day? [View article]
    Because the "free market" is not willing to invest billions without assurances of an adequate return. Its a big turkey shoot and sure path to bankruptcy. This isn't a housing project or gaming casino. The investment is huge; beyond any private investment window.

    Without a law (as opposed to an administrative initiative), no one is willing to move off the dime. Witness the lack of new refineries in the last what 25-30 years.
    Mar 7 04:10 PM | 7 Likes Like |Link to Comment
  • Natural Gas: A Strategy for Profit [View article]
    Whether its UNG or some of the other E&P players mentioned in the comments, the important aspect of any NG positions depends upon the US Government adopting a "real time" national energy policy.

    There's a glut of NG further exasperated by the shale plays the extent of which will be determined by building environmental concerns. The real problem, in my view, is the lack of a growing demand. While power production is a positive factor, the lack of a program to expand NG use for home heating especially in the Northeast must be an essential component.

    Replacing imported oil with cleaner less expensive NG should be a no brainer but continues at snails pace. Here's an economic stimulus project offering up front employment and downstream homeowner cost savings.
    Feb 26 11:31 PM | Likes Like |Link to Comment
  • Natural Gas Currently Offers the Best Near-Term Investment Opportunity [View article]
    If the source gave you the NG free, the cost to process and transport exceeds price levels the domestic producers dream about acheiving. The only rationale to LNG is to obtain geographic supply balance.
    Oct 7 02:35 PM | 1 Like Like |Link to Comment
  • Another Natural Gas Bull Sticks His Neck Out [View article]
    Reviewing the latest financials from CHK, I don't see your bankruptcy scenerio. Debt:equity and debt srvice appears mansgeable. With drilling and land buys dwindling, cash flow looks pretty good verses net profits which will tank. They're getting cash with JV's. Where do you see Chapter 7?


    On Sep 03 07:28 PM Tsy Fox wrote:

    > Just a few facts on the current NG situation;
    >
    > For the week ended Aug. 28 NG supplies rose to 3.323 trillion cubic
    > feet. Inventories are the highest for that week since the Dept of
    > Energy began publishing data in 1993. With storage capacity at 3.9
    > trillion, another 577 bcf will completely fill storage to the max.
    > At today's rate of injection, in just 9 short weeks we will reach
    > the 3.9 trillion cap. Looking at the calendar, it's starting to look
    > like we will be having a Halloween party like we've never had before,
    > with a possible CHK Bankruptcy filing.
    Sep 4 08:42 AM | Likes Like |Link to Comment
  • 5 Reasons Natural Gas Is Poised to Bounce Back [View article]
    But, it costs more just to transport LNG to the US as NG sells at the market $4/Mcf. The only affects of mid-east NG will be competition to Russia


    On Mar 30 12:27 PM Mad Hedge Fund Trader wrote:

    > This is the screaming buy out there in the energy sector. Natural
    > gas ($NATGAS), which peaked at $13.50/btu last year, has become the
    > red headed step child of the energy complex, plunging a gut churning
    > 72% to a low of $3.75. To see demand this weak coming out of a cold
    > winter is nothing less than stunning. The credit crisis has forced
    > US companies like Chesapeake Energy (seekingalpha.com/symbo...)
    > and Devon Energy (seekingalpha.com/symbo...) to scale back
    > exploration, so the US rig count had dropped by half. The price collapse
    > is welcome news for consumers, as NG is an essential raw material
    > for making naphtha, fertilizer, and plastics and accounts for 20%
    > of US electric power generation. It also is a favored fuel of the
    > green crowd, as the only products of its combustion are carbon dioxide
    > and water. The industry was making the leap from a domestic industry
    > to a global one just the global recession punched it right between
    > the eyes. The completion of six liquefaction plans in Qatar, Russia,
    > Indonesia, and Yemen costing $48 billion is expected to boost global
    > production by 25% this year, and more big plants are coming on stream
    > in the near future. If I’m right, and those really are crocuses out
    > there and not some florid hallucination, then it’s time to load the
    > boat with NG.
    Apr 7 09:37 PM | Likes Like |Link to Comment
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