The other one to keep an eye on is European Gas (EPG), which is already producing CSG in France and will be working next year with that country's main electricity generator.
European gas prices are low at present at about E2.80 per thousand cubic feet, but forward pricing for 2011 is sitting at E11. For the past five years, European gas prices have averaged more than five times what producers get here.
FUT Price at posting:
0.8¢ Sentiment: LT Buy Disclosure: Held
