GAS 22.2% 4.4¢ state gas limited

us gas supplies.

  1. 5,076 Posts.
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    This came from a newsletter I subscride too. It is basically and add to purchase a different report but I thought a few people who have invested in Gas may be interested. I havn't posted the whole article as I do not wish for H/C to be used for free ads................

    The White House is running SCARED

    There are TWO WORDS...

    ...that most Americans don't ever want to hear together
    again:

    ENERGY CRISIS.

    Yet that's exactly what has the White House holding
    closed-door emergency meetings.Alan Greenspan
    testifying to Congress.and the U.S. Senate forming
    new energy hearings.

    Several ill-timed factors are currently
    converging.and all indications are pointing to
    another MASSIVE CRISIS beginning as early as this
    summer or next winter, at the latest.

    But this one will be different. There won't be long
    lines at the gas pump. The oil barons at OPEC won't
    be the culprits behind it. And the numbers on your
    license plate won't have any influence on what day
    you get in line.

    The coming crisis won't be about the price of gasoline.

    This time it's natural gas.

    So far the popular press isn't talking much about it.
    But, my friend, this crisis is REAL -- and IT'S
    IMMINENT.

    Without mincing words (if you've seen me on Fox TV's
    Bulls and Bears program, you know I call 'em like I
    see 'em), we are in very deep guano when it comes to
    natural gas supply and prices over the next four to
    five years. Consider this:

    * Right now, the amount of natural gas in
    underground storage is about 1.6% BELOW last
    year's storage levels.

    * With only a few weeks left in the prime
    injection season for rebuilding supplies and a few
    months left before the traditional heating season
    begins, there is almost NO HOPE of refilling the
    storage kitty.

    * At the same time supply is decreasing, demand
    is INCREASING rapidly. Over 75% of new homes
    built in the last 15 years are heated AND cooled
    by natural gas. Now 25% BIGGER than those built
    in the 70s and 80s, new houses are using up gas at
    unprecedented rates. Industrial demand is only
    dropping at a fraction of the rate of demand
    GROWTH from other areas. And propane demand -- a
    derivative of natural gas -- is growing FASTER
    than natural gas demand.

    * This is NOT a one-year event -- it's a long-
    term secular shortage. Demand for natural gas
    EXCEEDS new production. And without drastic
    curtailment of gas usage OR dramatic expansion of
    exploration and liquid natural gas importation
    (neither of which are likely in the short term),
    the shortage will get worse, not better.

    Mark my words, my friend: All of our proprietary
    research shows that this supply/demand imbalance is
    going to spike prices from the current $4.50-$6.00
    range to a whopping $10-$15.and will wreak havoc on
    gas consumers and energy utilities.

    Our current $6 per thousand cubic feet price for
    natural gas is the equivalent of $35 per barrel for
    oil. But in the gas patch, there is NO OPEC and NO
    IMPORT CAPABILITY.

    We are in a serious, serious crisis for natural
    gas.and the powers that be are fiddling while Rome
    burns. Our national strategy for dealing with this
    emergency appears to be "pray for a mild summer and
    completely abnormal winter" or natural gas prices
    will skyrocket. Back in Kansas, consumers are about
    to get CRUSHED.

 
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