Natural Gas: a bottom finally?
August 26, 2009
Interesting article on Natural Gas, do these arguments suggest a bottom finally?
Follow this link to see the article.
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The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Mackie Research Capital (”MRC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor MRC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to MRC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.
Natural Gas Supplies Tightening in North America
April 1, 2009
Later this year there will be a severe tightening in supplies of natural gas in North America. I will be writing more about this soon, stay tuned ……….
From the Globe and Mail:
A harsh spring has descended early on the Canadian oil patch, as drilling rigs have gone almost completely silent nearly three weeks before they normally break for the mid-April thaw.
Only 12 per cent of the Western Canadian drilling fleet is currently working, a third the normal percentage at this time of year, and the number could fall to historic lows in coming weeks.
“The general consensus is that over the next month or so, it will average 10 per cent and it may go into the mid-single digits toward the end of April,” said UBS Securities analyst Chad Friess.
Research Capital Corporation (RCC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-RCC website please understand that it is independent from RCC and that RCC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by RCC.
Mackie Research Capital Corporation (MRC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-MRC website please understand that it is independent from MRC and that MRC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by MRC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Mackie Research Capital (”MRC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor MRC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to MRC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.