toobad41

12 Stocks Poised to Profit from Energy, Infrastructure in 2010

Very good article. Thanks for your analysis of this highly variable industry. However I don't think you have to limit yourself to just a handful of companies in energy and infrastructure. All should benefit in the coming months and years. One wonders if our society can keep up (or afford) with everything that needs to be done.

Natural Gas Gains: Not Convinced of Sustainability

I am no longer privy to inside information on natural gas production but I do know that much of the gas we are talking about is old gas...i.e. gas that has been producing to the pipeline for years. For the operator that gas is virtually free. Yes there is some overhead but that is little cost. I suspect that a lot of the drilling going on today is new exploration or lease obligation wells. Lease obligation wells are drilled to save a lease from going to the original owner or to someone else. Some of the drilling may also be aimed at proving up the lateral extent of a new discovery. Sure all of this hearsay on my part but it has been true in the past and I tend to believe it is still going on. Also I would like to point out that most oil or gas operators are not in consort with anyone else and they could care what other operators are drilling unless it is just across the highway from their lease. Sometimes operators will have a relationship with other companies if they have a mutual area of interest. But that rarely happens onshore. It does happen offshore where it costs so much to drill and produce. That is my two cents... For what it is worth.

Plenty of Natural Gas: Exploration and Production Companies Keep Increasing Oversupply

Your sentence "The action by E&P Companies as a whole could be short sighted" is a flat out stupid sentence. E&P Companies are independent of each other and seldom (if ever) act as a whole.

Bullish Signs from Oil

It is rare to find a company that produces just "natural gas". The same is true with an "oil company" producing only oil. Generally gas reservoirs also produce liquids (oil or condensate) and oil reservoirs also produce some gas. Sometimes a lot of gas. To put it simply, gas and oil can exist in the same reservoir. A company will make money from both.