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Parallel Energy Trust T.PLT.DB


Primary Symbol: PEYTF

Energy Oil & Gas E&P


GREY:PEYTF - Post by User

Parallel Energy Trust > Food for thought...
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Comment by Khersonon Apr 22, 2015 7:45am
178 Views
Post# 23651630

RE:RE:Food for thought...

RE:RE:Food for thought...
HarryHairy wrote:
Kherson wrote: Before folks panic and sell their position in Parallel at these prices, take a good look at the future of both the Ethane market and the NGL markets in general. Presently there is too much ethane being produced in the US, but the soon to be accessible export market by Sononco could see US ethane prices being based on the oil price, instead of US Natural Gas Prices. What is also interesting is that Phillips 66 is doing major expansions for NGL processing and shipping.  Finally, the expansion of the Panana Canal will also help to increase LNG and NGL volumes to Asia...
Kherson


This post coming from the guy who was buying PLT.UN when it was a "screaming buy" at $5.00. Blah Blah Blah....

Ok Harry, point taken. So tell us, what is your take on Parallel's future?
Kherson

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