RE: Hey boys PCQ will rise Natural Gas...Regarding the post on Nat Gas, this paragraph actually stands out for me:
LNG Imports
Significant supplies of LNG moving into the U.S. ``maynot even be a possibility'' because higher prices in Asia and Europecontinue to lure cargoes, said Hopley. LNG imports this year willprobably be about 30 percent less than the 770 billion cubic feetrecorded in 2007, the Energy Department said June 10. LNG played apositive role last year in lifting stockpiles to a record 3.545trillion cubic feet by November.
----
As an alternative in these times of expensive oil prices, natural gas is a perfect choice. The Americans know that and we will be looking at it here in Canada no doubt. Finding 150 Tcf in Que, 70 Tcf in Nova Scotia, 70 Tcf in Sask. and then another 500 Tcf wherever it might be hiding in the rest of Canada will pay simply because the rest of the world wants the stuff in the rest of the world!! (The Arab states are scared witless about the high oil price.)
My theory is that the companies getting into the N/G now are the early-birds. They will set the standard(s) for the rest of the entrants. WE will reap the benefits on stock price movement.
GL this week with JML and PCQ following.