Two catalysts just ratcheted up investor interest in west coast LNG—Liquefied Natural Gas.
One was the re-election of the centre-right Liberal party in British Columbia in May. The second catalyst came in mid-June, when Malaysia’s Petronas announced it wants to spend $16 billion—as fast as government approvals will allow—to ship...
Japan spent US$75.4 billion on LNG last year, paying an average price of US$16.60 per million BTU—while gas prices in the United States averaged just US$2.75. No Japanese politician, economist, or grocer thinks that makes sense. So Asia is trying to lower prices for Liquefied Natural Gas (LNG) as...
By Dave Forest, contributing editor
Commodity guru Don Coxe said opportunities come in sectors where “those who know it best, love it least."
The quote fits today’s natural gas sector to a T.
Gas producers are increasingly bearish on prices for their sector. You can see it in their hedging.
Look at the...
Natural gas is the only commodity in North America where the US dollar is not the key factor affecting prices, says technical analyst and newsletter writer Donald Dony. He adds that the greenback sets the backdrop for oil, copper and other commodity prices.
North American natural gas, however, is a...
Editor's Note: Today's OGIB is the transcript of my recent interview with Peter Byrne of The Energy Report (TER) on a growing debate in North America's Great Experiment: the Shale Revolution, and I also talk about which junior producers I'm keeping close tabs on right now in the oil patch.
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The Energy...
What's the best-performing commodity over the last 12 months?
Natural gas.
I asked natural gas bull Bill Powers, whose new book is Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth, to give OGIB readers his thoughts on the gas market ahead.
Bill's book is something very different than...
Dear OGIB Reader,
There are two trends in the Canadian energy patch in the last three weeks that have been making money for investors – but the question is, do they have legs? Can the uptrends continue?
The first and most obvious is natural gas. After doubling in price between April...
Natural gas bulls keep pointing to the declining gas rig count in the US as a reason for a near-term turnaround to the upside in prices.
The gas rig count in the US has dropped by more than half in the last 18 months, but production continues at record levels—around...