And NG will follow as oil rises

Welcome To The Questerre Energy HUB On AGORACOM

(Edit this message through the "fast facts" section)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Inceptus

Rank: President [?]

Points: 2623 [?]

Votes: 26 Score: 4.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

And NG will follow as oil rises

posted on Sep 15, 2008 06:59PM

http://www.theglobeandmail.com/servl...

Normal price ratio of NG to oil is 1-8. Current price ratio is 1-14. Even at 1-14, if (when) oil goes back to $150/barrel then gas would be at $10.70. And QEC states it only needs $6 to be commercial. Then there is the conversion trend to NG - greener, USA solution to importing oil, etc. NG is the energy king of the future. NG producers will be the new royalty.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply