Both are excellent plays. SE is very attractive at this price and I'm buying.SE supplies most of the NE and the blizzard should help. Didn't mean to be flippant. As to why it's down I don't think anyone knows except that it goes up and down.
I can't see any downside. Oil/gasoline/NG prices going down means more people will use it and that means more going through the pipelines and as long as the producers can pay the freight the pipelines win cause there is no cheaper way to transport it. When the prices start back up the volume may decline but the pipelines will charge more so I don't see how you can lose.
I really don't see any downside to pipelines. If oil/gasoline/NG etc go down in price, more will be used so more will be pumped. The one downside would be the ability of the producers to pay the pipelines to get their product to market and I don't see that as a possibility since this is the cheapest way to transport anything.
What have I missed?
I think Boone must be losing a lot of money to be making the rediculous predictions about oil going to a 100. I'm the same age as he but I'm afraid senility or dementia is kicking in. If he has to pay someone to keep from dying and maintain his fitness he's not demonstrating his penchant for independent and decisive action incontroling his life as the fitness employee has to be much younger and perhaps more stupid then he is but making more money off him which indicates his interist
Williams report record thruput because of the cold weather, what do you think this means for SE?
I suggest you take your own advice and start looking for another job, as whoever is paying you to post such nonsense is about to pull the plug on your income, which has been proven to be worthless.
Just noticed that SE supplies the NG to most of the NE power plants which just recorded the highest demand due to the cold snap. That can't be bad for SE.
I think so, at the 33-34 level I think it's a great buy. The transmission lines make money by transporting oil and other transportable commodities so the price fluctuation of the product has nothing to do with their income, unless, of course, the co's that own the commodity can't pay the transportation cost.
Just got an E-Mail tauting a co making breakthru success in converting NG to Gasoline to sell at .58 cents a gallon. Would this be a threat? It seems to me that he forgot that pumping NG without converting it to gasoline has to be cheaper then the cost of conv. This assumes that more cars and trucks will be produced which runs on NG. It should be cheaper to transport NG thru pipelines too. Any comments.
The name is beautiful but @ 16 you seem to lack the intelligence required to use the term awesome. The co is doing fine and will continue to do so regardless of Robins lack of communicating to the public what is important and not requireing explanations as to why she didn't convey the information appropriately in the first place.
I think your right except that Pickins can't possibly know all there is to know about oil or any other topic. He makes mistakes like the rest of us and pays the price like any entrepreneur. The prudent use of knowledge and luck play a part in any successful wealthy persons life. Oil, however, in my opinion, is much too important and valuable a resource to be used as a fuel when so many other options are available and cheaper and cleaner.
Why in the world would you parade a boat when you own a spaceship!!!!!!
Your forgetting the real reason for NG besides being cheaper than oil, IE that it is CLEANER and will pass the stringent emmission standards which will be imposed.