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An oil and natural gas exploration and production company engaged in the acquisition, exploration and development of properties for the production of crude oil and natural gas from underground reservoirs and the marketing of natural gas and oil.
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Cuchulainn1 (< 20) Submitted: 3/28/08 10:56 AM : Start Price: $46.47 CHK Score: -30.48
NatGas is bringing sexy back.Regardless of who wins the White House (McCain,Clinton,Obama). The next President will likely pass some sort of carbon emissions tax. You may be wondering "what does this have to do with natgas?" The USA has as much natgas as we have coal. With the new carbon taxes coal will become more expensive making the clean burning NatGas SEXY. (especially in electricity production). Green energy is still needs more work, nuclear takes 10-15 years to build and you have the "not in my backyard" issues, and coal is about to become a lot more expensive. With high oil prices it makes to produce natgas domestically instead of shipping it halfway around the world.Bullish on SD (great leadership)Bullish on CHK (hit the jackpot in Louisiana) Bullish on KMP (have to transport it somehow. They also have an awesome CEO. Makes a salary of just $1 per year, the rest is paid in stock dividends. In essence if he doesn't make money for the shareholders he doesn't get paid. But, he is getting paid a lot recently. Shouldn't you?)
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Cuchulainn1 (< 20) Submitted: 6/13/08 12:04 PM
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One more thing to add. Living here in Michigan there is a lot of talk about fuel cell technology as the future replacement of oil. If that happens make sure to double up on CHK. The cheapest, most economical way to produce hydrogen is using NG through a process called reformation.
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tigerpaws1 (< 20) Submitted: 6/18/08 11:55 PM
Hi,I am not a pro,but I do a lot of research,and am learning! I picked CSIQ which has done well.Thanks for the info.Tigerpaws1
scuuter (< 20) Submitted: 8/20/08 9:21 PM
what about the nat gas pipeline they are building from alaska
beegdawg007 (29.77) Submitted: 10/06/08 1:35 PM
The fundamental problem with nat gas is simple. In the U.S. there has been an enormous amount of drilling which has resulted in the discovery of huge reserves and increased production potential. That is "bad" because this has happened during a time when demand is at best flat. When supply is greater than demand prices drop!!! All the historic evidence indicates that Nat Gas usage in the US will continue to increase at a 1-2% annual growth rate. If the Pickens plan gets no traction, supply of NG is now vastly outstripping demand. Unlike coal, there is no significant export market for NG and if it did exist, to compete NG prices would actually have to decline since many outher areas of the world like Russia and Quatar have enormous supplies of even cheaper NG. NG is the most hyped of all energy sectors. My suggestion, buy coal companies. Here the supply is running way behind world wide demand...
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