Wednesday, June 22, 2011

Yahoo Breakout: Schork: Short Natural Gas

  1. Too much supply, not enough demand, sucker bet
  2. buy because it is cheap, but cheap for a reason
  3. why?  US producers sitting on ton of shale gas, tremendous resources available
  4. Demand destroyed by recession
  5. ending ethanol subsidies, infrastructure caveat
  6. environmental groups wanted gas as bridge fuel, not going to replace it because so much of it
  7. setting up roadblocks because of this- their alternatives can't compete
  8. Nuclear? Japan equal Three Mile Island

No comments: