Asian Investment in Natural Gas

[errolanderson]

This is an interesting 'did you know'

Asian investment currently is now higher
for Cdn natural gas development than for
the oilsands.

Believe the huge price discrepancy
between Asian and North American nat gas
prices may be part of the reason.
Japan's spot gas price is around $15 per
gigajoule, whereas the spot AECO spot
storage price in southeast Alberta is
around $2 per gig.

Canada's nat gas market appears headed
for Asia. The recent Progress Energy
deal with Petronas skyrocketed Progress
stock value 77%.

The current depression in our Western
Cdn nat gas industry may turn a huge
corner once we get assess to these much
higher-priced Asian markets. U.S. is
awash in nat gas, but they have major
fracking issues to deal with.

[bucket]

Buy low, sell high.

[boarderbloke]

To what level will $15/gig take fertilizer prices.

[errolanderson]

bucket . . . agreed.

Our spot Cdn nat gas market is
incredibly oversold looking at the big
picture (IMO). Equating the current spot
nat gas price in crude oil terms . . .
crude would be only $15 per barrel on an
energy basis.

That's why Asia views our market as a
steal right now. Billions of dollars are
parachuting into Calgary head offices to
acquire nat gas assets . . . mostly in
northeastern BC.

Need a LNG shipping facility on the west
coast desperately

[Burbert]

High prices for natural gas does not
equate into high priced fertilizer, cousin
low price natural gas does not equate into
low price fertilizer. Gas price is just
an industry bullxhit tactic to gouge
framers on fertilizer. Angribusiness is
all aboot
gouging/stealing/screwing/framers!!!

[wd9]

So what is an effective way to invest in
natural gas?

[cottonpicken]

I've got 6-700 hours invested into this topic and the
real story of gas has probably never been heard about
by 99.999% of the populous.

I certainly have never heard it discussed here.

[wilagro]

Natural gas is too precious a resource to export ANY of it.

Why isn't our provincial government investing in this resource? Answer: Because they are too g****amned stupid and short-sighted. They'd rather export everything that isn't nailed down. They can't think more than 10 years into the future.

[ColevilleH2S]

wil, You want people who are in your words, "g****amned stupid and short-sighted", running the gas supply???

We'd all freeze in the dark.

[Hopperbin]

One thing for sure if its China purchasing our Natural Gas assets, we are likely getting screwed royally. Then again we could just put an export tax on it and screw them back. Wonder if that would happen? Or would we just let them take it? Lots of wells out there that just need a market.

[ASRG]

Somebody might make a lot of money but it wouldn't be the government or the landowners.
Royalties are paid on the wellhead price not the export price.

[rhoff]

If you missed progress then consider there next door neighbour painted pony petroleum.Or if you dont like equities then buy land at Kitimat BC.

[blackpowder]

Willy,
What would our energy cost us if the state owned and pumped all of it?
Now consider only the canadian customer base supporting the cost of production!!!!
Now remember 1/3 of the wage-earners will be on pogie.
If you're suggesting a focus on value adding or further processing ie. Saudi Arabia, good idea.
If you simply want to close the border, think before you speak.