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Encana Corporation Message Board

  • thethirdchimp thethirdchimp May 3, 2012 5:51 AM Flag

    Perfect Storm for Huge Swing to NatGas Shortfall

    the media are going on and on about a glut of natgas and all analysts are certain of oversupply for years, driving drilling and production cutbacks... yet, power plants are switching from coal to nat gas at unprecedented rates; new trucks that run on natgas coming out from GM; manufacturing has been one of the bright spots in u.s. economy and highly depends on natgas across a range of industries; farming season and use of fertilizer, also dependent on nat gas; lng will be coming on line over next several years; .... it's a perfect storm for swing to a natural gas shortage and b 2013, ECA's call to curtail hedges will be hailed as contrarian genius.

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ECA
21.52-0.11(-0.51%)Jul 21 4:01 PMEDT

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