Hello, Fool! | Login | Signup | My Fool
Aug 30, 2008 2:37 AM ET | Site Changes | Help
The Company is engaged primarily in the business of developing and constructing, and then owning and operating, a network of three onshore LNG receiving terminals, and related natural gas pipelines, along the Gulf Coast of the United States.
View All Commentary (LNG)
Recs
7number7 (73.76) Submitted: 12/03/06 9:11 PM : Start Price: $31.15 LNG Score: 79.76
lng is one of the dumbest investments. We have plenty of gas available via pipline within the US and from Canada. Really don't need LNG. No one has demonstrated how it can possibly be cost effective to convert the gas to a liquid via super cooling, load it onto a tanker and ship it here....duh! Nice short..
Report this Post Replies: 3 | Reply
Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
crimfunk (73.49) Submitted: 6/14/07 2:33 PM
Recs: 0 | Rec This
Nice short.. -21.88 and my long position is up 44.41%. Let's review the basics, no there is not enough NG to supply the US. Growth is expected to rise 30% nationally and as much as 80% in states like Florida. Most of the LNG will come from the ME where they have vast reserves but no pipelines. As long as LNG stays over $4.00 per TCF LNG is practical. Long term crude is pointing to $70 and NG is pointing to $10 to $12 TCF. Cheniere signed a deal with Gaz de France in April and formed a MLP to give more shareholder value. Duh!
Report this Post Reply
matstao (99.62) Submitted: 6/28/07 9:59 PM
Recs: 1 | Rec This
I wouldn't waste too much time commenting on Lucky 7's picks. (then what am I doing commenting on a comment??). He hasn't been here in a while & his initial round of picks are nothing to brag about.
crimfunk (73.49) Submitted: 11/06/07 2:36 PM
I really like LNGs long-term prospects. I'm looking for $80 per share in 08.