RE:RE:Low prices mean demand will growwell you do have the bear case well documented but again you fail to look at tyhe future.
NG exports to mexico are increasing and LNG exports will start soon and contineu to grow for the foreseable future, plus less imports from canada.
also more LNG facilities on US west coast and maybe just maybe from BC one day?
big if I know but I think 3 or 4 LNG facilties will be built in BC, the government is really hungry for the jobs and the taxes and now even the natives are warming up to the idea.
also lots of oppositiion to fracking in popluated aread and even on government lands could slow things down a little.
but in the end low prices will take care of lwo prices, they always have and they always will.
as more a more coal fired plants get shut or converted to NG, demand will be increasing for years to come.
but everything takes time, right now I have most of my investments in 3 oil plays and they have done very well in last few weeks.
GLTA