Hopperbin . . . natural gas is
incredibly oversold. If natural gas
would be equated to an oil price on an
energy basis, crude would be only $15
per barrel.
U.S. rig count has really dropped plus
nat gas is used to replaced U.S. nuclear
power when these plants are down for
maintenance.
The way of the future for Cdn nat gas is
for LNG to be shipped to Japan. Our spot
nat gas price is around $2 per gigajoule
whereas Japan's spot price is around $15
per gig.
Go nat gas go . . . these oil companies
need competition and a kick in-the-ass.
Errol
incredibly oversold. If natural gas
would be equated to an oil price on an
energy basis, crude would be only $15
per barrel.
U.S. rig count has really dropped plus
nat gas is used to replaced U.S. nuclear
power when these plants are down for
maintenance.
The way of the future for Cdn nat gas is
for LNG to be shipped to Japan. Our spot
nat gas price is around $2 per gigajoule
whereas Japan's spot price is around $15
per gig.
Go nat gas go . . . these oil companies
need competition and a kick in-the-ass.
Errol
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