WBE 0.00% 0.6¢ whitebark energy ltd

Ann: Whitebark Takes Control of Warro, page-8

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  1. 1,359 Posts.
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    The US has very low gas prices because of a glut of gas because the amount of gas associated with unconventional oil .
    The prices are around half international prices and sometimes less .
    They are rapidly building large LPG plants to export gas .

    Canada exports gas to the USA , its gas has even lower prices than the US , only a third of the low US prices in some areas .
    Canada is also building LPG export terminals and a lot of gas pipeline infrastructure .
    ( See latest CE1 announcement for details .)

    Probably will happen over a few years and may not happen for a while yet but it seems to me inevitable that the US and much more Canada will see greatly increased gas prices into the future .

    What will this do for the value of WBE's Canadian assets given the larger part of its oil equivalent production is gas ?

    gltah
    Last edited by jophda: 05/07/18
 
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