RE:RE:RE:LNG pipelineIn my view, it is meaningful that TC made a point of acknowledging the pipe project is not yet dead. It would be dead if there wasnt ongoing discussion about an LNG terminal being constructed. This is not significant for current gas prices (construction must be 5 years on a plant like this) but the value of Montney / Deep Basin reserves would be much higher if an LNG project were coming on the Horizon. I would expect PPY would probably benefit the most from an announcement like that. Ceremony - someone once said that the markets are forward looking. The crappy futures curve has now been factored in by the market. You need to look to the future and consider what future circumstances will help WCSB producers turn the corner. LNG perhaps?
ceremony wrote: all transcanada has committed to here is Futher study. this "news" was released last thursday. and producer stocks have gone straight down since thursday. if anythng this news only highlights the intractable problems Canada faces in gettting an LNG project completed. Let's say by some miracle one actually gets approval and starts up. It will be several Years before gas is actaully shipped from them. I remember first reading about the exciting possibilites of CA LNG plants almost 4 years ago. Which happened to be when nat gas stocks Peaked.