RE:Movement Well gas prices have been far more volatile than oil for a very long time, so we investors are much more cautious. When it's painfully obvious the industry has some catching up to do to fill all those LNG tankers we'll see a permanent step up to a higher trading range for gas. Maybe 4-8 range , then 6-10. A sudden short jump to 10-15 won't help anyone. Oil is much steadier, much lower declines (especially oil sands), and less influenced by weather than gas. But things appear to line up on the weather front and the pull to feed those LNG exports is unprecedented. Gas price up. C$ down. Weather cold. Committed to shareholder returns with big fat divy and now a buyback program...big check mark.
Bir's day will come and it looks like the year is 2025. GLTA