Category: Natural Gas
The analysis published under this category are as follows.
Tuesday, February 28, 2012
Natural Gas Bullish Base / Commodities / Natural Gas
By: Mike_Paulenoff
Natural gas could not sustain last week's retest of the prior high at 14.74 in the ProShares Ultra DJ UBS Natural Gas ETF (BOIL) and has looped down towards strong support between 13.00 and 12.50.
Nonetheless, my intermediate-term work argues that all of the action since early January represents a developing, powerful base formation in the aftermath of the vicious multi-year bear market.
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Thursday, February 23, 2012
Global Gas Set To Wreak Havoc For The Energy Majors / Commodities / Natural Gas
By: Andrew_McKillop
US energy sector corporations are set to report a major slide in profits - probably the biggest fall since the financial meltdown of 2008-09. This time it wasnt a crash into deep economic recession that cut their earnings, but producing too much gas. The single word "fracking" explains all, as the drilling technique known as fracking implodes US natural gas prices and a frenetic bidding war for shale gas leases and other gas assets locks in producers, even the biggest energy majors into a no-win low price future. Spilling out from the gas subsector, the gas supply bulge's impacts across the energy space are only just compensated by high and firm oil prices. When or if oil prices faltered, the financial situation for the energy majors will not be comfortable.
Friday, February 17, 2012
Ultra Nat Gas ETF Approaching Resistance / Commodities / Natural Gas
By: Mike_Paulenoff
Today's pop in natural gas impacted the ProShares Ultra DJ UBS Natural Gas ETF (BOIL) positively, with the latter's price structure climbing above its February resistance line (green) and continuing towards a confrontation with more significant resistance at 14.50/55.
A close above 14.55 should trigger upside continuation and acceleration to 15.20/50. At this juncture, only a decline that breaks 13.50 will begin to compromise the timing of the upside breakout.
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Tuesday, February 14, 2012
Natural Gas Price Bottom Building / Commodities / Natural Gas
By: Mike_Paulenoff
The bottom-building processing in natural gas and its related ETFs continues, these ETFs including the U.S. Natural Gas Fund ETF (UNG) and ProShares Ultra DJ UBS Natural Gas ETF (BOIL).
The BOIL pattern begins to round to the upside towards a confrontation with its Jan-Feb resistance line, now at 13.95, which if hurdled and sustained should trigger upside follow-through directly to test the prior rally peak at 14.55 (hit on Feb 7).
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Thursday, February 09, 2012
Russia Behind Bulgarian Natural Gas Anti-Fracking Protests? / Politics / Natural Gas
By: OilPrice_Com
Pity the poor Eastern Europeans. Fifty years under the domination of their massive Soviet eastern neighbor then the collapse of Communism there two decades ago offered undreamed of opportunities to join both the European Union and NATO.
But they still remain dependent on the Russian Federation for the majority of their oil and gas needs, and the new capitalists in Moscow do not hesitate to charge the highest prices possible.
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Friday, February 03, 2012
Poland Gives Green Light to Massive Natural Gas Fracking Efforts / Commodities / Natural Gas
By: OilPrice_Com
There is perhaps no more controversial energy source after nuclear than "hydraulic fracturing," or "fracking," of subterranean shale deposits containing pockets of natural gas.
While the process can liberate previously unusable sources of natural gas, political, environmental and scientific concerns have risen along with production, as evidence mounts that fracking is responsible for everything from polluting subterranean aquifers to causing regional earthquakes.
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Thursday, February 02, 2012
Liquid Natural Gas Stocks Are Set to Take Off / Companies / Natural Gas
By: Money_Morning
Dr. Kent Moors writes:
As I have discussed over the last two years, liquefied natural gas (LNG) is going to be a complete game-changer.
And along the way, a small group of LNG stocks will become the main focus for investors.
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Wednesday, January 25, 2012
Four Natural Gas Companies Investors Can Buy Right Now / Companies / Natural Gas
By: Money_Morning
Jason Simpkins writes:
Natural gas companies are hurting - there's no doubt about it. But that doesn't mean natural gas companies are bad investments.
In fact, some of these companies are currently on the bargain rack. You just have to know where to look.
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Tuesday, January 24, 2012
LNG Exports Won’t Save Natural Gas’ Slide / Commodities / Natural Gas
By: G_Joel_Chury
As the price of natural gas continued its free fall through last week, resulting in lows not seen since 2002, it’s no surprise that the price environment has chipped away at the big producers. Chesapeake Energy (NYSE:CHK) tipped its hand today, stating that it would pull back on its drilling activity by half and reduce production by 8% on account of low natural gas prices.
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Thursday, January 19, 2012
Gasland – More Drama Than Documentary, Don't Frack Me Up / Commodities / Natural Gas
By: Marin_Katusa
Marin Katusa, Casey Research writes: To many walking the planet, fracking has a seriously bad reputation. Thanks to hyperbole and misinformation, fracking opponents have convinced a lot of people that the operators who drill and then hydraulically fracture underground rock layers thumb their noses at and even hate the environment.
Anti-fracking claims may be twists on reality – for example, that a legislative loophole makes fracking exempt from the America's Safe Drinking Water Act, when really this federal legislation never regulated fracking because it is a state concern. Then there's the completely absurd, such as the idea that frac operators are allowed to and regularly do inject frac fluids directly into underground water supplies.
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Wednesday, January 18, 2012
Natural Gas Glut 2012 / Commodities / Natural Gas
By: Roger_Conrad
Not since the late 1990s have natural gas prices been this low in the dead of winter. That includes the aftermath of the 2008 crash, when oil bottomed briefly under USD30 a barrel. US inventories of the clean fuel hit a record of 3.852 trillion cubic feet in November and remain at a record for December, 11.4 percent above year-earlier levels.Heating demand that’s nearly 20 percent below normal so far this season is at least partly to blame. Roughly half of Americans heat their homes with natural gas. This shortfall has been offset somewhat by a jump in gas’ share of electricity generation to nearly 30 percent from an average of only about 20 percent in recent years.
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Monday, January 16, 2012
Natural Gas Price Forecast 2012, Avoid the "Widow Maker" / Commodities / Natural Gas
By: Money_Morning
Jack Barnes writes:
I've been watching natural gas for years now and find myself shaking my head lately.
The cost to buy the "clean energy" is collapsing as crude oil, a product that needs refining, stays above $100 per barrel.
In fact, this chart for natural gas is what I call a Widow Maker.
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Wednesday, January 11, 2012
Pakistan to Produce Natural Gas by Burning Underground Coal / Commodities / Natural Gas
By: OilPrice_Com
As we start a new year, consider the miserable plight of the average Pakistani electricity consumer.
With about 50 per cent less electricity generation capability than the actual demand, Pakistan's National Grid is facing more than a 5,000-megawatt shortfall in power generation, leading to blackouts in both urban and rural areas of the country. Due to unscheduled shortages by the National Power Control Center, urban areas are facing unscheduled minimum 8-hour power blackouts each day, while in rural areas the blackouts can last as long as 14 hours.
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Wednesday, January 04, 2012
Foreign Investing Driving New Era of Profit Opportunities for U.S. Gas Companies / Companies / Natural Gas
By: Money_Morning
David Zeiler writes: U.S. natural gas companies have found a convenient new way to boost their profits - by drawing in overseas companies to help fund their development projects.
The maneuver was illustrated yesterday (Tuesday), when two large foreign companies bought big stakes in major U.S. shale projects.
French oil major Total S.A. (NYSE ADR: TOT) said it would invest $2.3 billion in Chesapeake Energy Corp.'s (NYSE: CHK) Utica Shale operation in eastern Ohio. Within hours, China Petroleum & Chemical Corp. (NYSE ADR: SNP), also known as Sinopec, announced a $2.2 billion deal to buy a 30% stake in five Devon Energy Corp. (NYSE: DVN) shale projects.
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Thursday, December 29, 2011
Natural Gas Lies, Damn Lies, and Statistics / Commodities / Natural Gas
By: Money_Morning
Dr. Kent Moors writes: It has been a while since I responded to your many emails.
So, as we await the latest developments in the European debt mess, today seems like a good time to answer a few. This time around, I am addressing some of your questions and comments that deal with natural gas.
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Wednesday, December 14, 2011
The Changing Nature of Global Natural Gas Projects / Commodities / Natural Gas
By: Money_Morning
Dr. Kent Moors writes:
I wrapped up my recent trip to Russia at 4 a.m. last Friday in a Moscow airport.
One thing is certain about my trips to Russia - the time schedule is always off.
But I can't complain; the weeklong visit provided many benefits.
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Thursday, December 08, 2011
Mexico a Rising Natural Gas Superstate? / Commodities / Natural Gas
By: OilPrice_Com
Americans looking south of the Rio Grande tend to forget, if they ever knew, that Mexico is, according to the U.S. Energy Information Administration, now America's second largest source of imports. Of the United States' total crude oil imports averaging 9,033 thousand barrels per day (tbpd), Mexico is the second largest source of imports, at 1,319 tbpd, exceeded only by Canada with 2,666 tbpd.
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Tuesday, December 06, 2011
Cheap Natural Gas Makes Old Technology Profitable / Companies / Natural Gas
By: Money_Morning
David Zeiler writes:
Although natural gas has become plentiful and cheap in the United States, using it in ways that would make it a practical alternative to petroleum, such as vehicle fuel, has proven challenging.
It's not that it can't be done. German scientists figured out how to convert natural gas to liquid petroleum products back in the mid-1920s.
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Friday, December 02, 2011
Crude Oil or Natural Gas? / Commodities / Natural Gas
By: Zeal_LLC
Hydrocarbons have become the lifeblood of this modern era. And with a huge economic incentive for finding and extracting them, drillers have scoured the world in search of this finite resource. When they do find it, there is nothing more thrilling than bringing this raw form of energy to the surface.
The most famous extracted hydrocarbon is in liquid form, known as petroleum, or crude oil. With the next most common form being gaseous, known as natural gas. Crude oil has of course long been the superior hydrocarbon. In fact, until the last half century or so oil was really the only hydrocarbon with any commercial worth.
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Wednesday, November 30, 2011
China to Embrace Natural Gas Fracking In an Effort to Ramp up Energy Production / Commodities / Natural Gas
By: OilPrice_Com
China is leaving no shale deposit unturned in its effort to develop indigenous energy resources.
On 24 November China's Ministry of Land and Resources geological exploration department head Peng Qiming said during a press conference that China's combined oil and natural gas output, 280 million tons in 2010, is projected to rise to 360 million tons of oil equivalent by 2015, a 23 percent increase in four years and will rise to 450 million tons by 2030, a 62 percent increase over 2010 production, impressive rises in production by any yardstick.
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