GASFRAC Energy Services Inc. GSFVF

RE:RE:RE:RE:RE:Higher Nat.Gas Prices

[ac0001]

Hi stag, your post misses one thing. Chenière wich own a couple of LNG port have double the rail capacity already. So, the export capacity is viable right now. For the question of the contract price of NG and LNG, this winter the reserve of about 4.5 trillion mmbtu is criticly low. With that in mind, and knowing that it's take about 7 months to reach full storage capacity, if the big player's dont move up their production, I dont belive that come next novembre we will reach that number. The effect will be a much higher comodity price, as we have seen in the past, and the contract for the next winter will be much higher. Furthermore, the industry will remembre the frigid cold of this winter and hike the contract pricing. Why? Simply because there as been a shortage this winter. I expect a price for next winter in a range of 4.9$ and 5.5$. with a ponctual spike at 7.0$

ac0001