XTO Energy and Exxon Mobil Corporation formed an organization to manage global development of unconventional resources..... Exxon wanted a division with more NG and unconventional energies. HGT holds those profits for XTO and if NG and oil go up so does the money flow into HGT..... Look at the income statements as the payout is directly correlated. THEY have very little expense and a whopping ratio in dividends.... Unconventional energy plays have been destroyed.... NG is turning heads as Cummings , WPRT (NG engines) , NG pipeline service CLNE, WH, ESA all have high hopes on NG fleet trucks and Utility networks. It would be great to see some of these dogs double.
All boats will lift if the disruption of oil comes. UTILITIES ; different industries would turn to gas.... A strong push for a natural gas infrastructure would take place. REMEMBER the oil and gas companies appreciation during desert storm? OR are you to young? Cutting off the flow of oil through the Strait of Hormuz, a small waterway that borders Iran, could disrupt roughly a third of the world’s tanker traffic and send oil prices skyrocketing, analysts say.
Roughly 20 percent of the world’s oil supply travels through the strait, which is only 20 miles wide, making it a tempting target for an Iranian naval blockade.
Shutting down the Strait of Hormuz would be “easier than drinking a glass of water,” Iran’s naval chief, Adm. Habibollah Sayyari, said.
Experts predict war and blockages/terrorism could quickly translate into higher prices at the gas pump. “depending on how long it would go on, by summer time we could be looking upwards of $5 a gallon.” The mid east has shown their true colors toward America as we have no friends over there. OIL COULD be a major headache for us and GAS would get a whole new look.....
A war could cripple our economy and shoot the price of oil............ including gas......
According to economists at Moody’s, who say it would divert $218 billion in consumer spending in a year from discretionary items such as restaurant meals, vacations and trips to the shopping mall straight into the gas tank. Care to explain how a 5 year old cant understand that