I can't believe it but this is the second time in a week I have posted a fool article. }};-()I mostly agree with lesson 1. and 3. while lesson 2. has what I consider some questionable words in it. While it is nice that manufactures and others get cheap Nat gas it sure as heck wasn't great for the producers and the first large LNG was priced against US Henry Hub Nat gas prices not the global oil equivalent. I'm hoping that does not set a precedence or the whole LNG investment could turn into a hole in the ground the producers pour money into. Any <"Gas, Gas, Gas"***> mouse *** - Military terminology, when you believe you are under attack by gas. http://www.fool.com/investing/general/2013/03/20/what-have-w...3 Lessons From the Natural Gas RevolutionBy Tyler Crowe March 20, 2013 The shale gas revolution in the U.S. has rocked the energy industry like a hurricane, and in its wake there have been a lot of lessons we have learned along the way. With natural gas prices stabilizing and some natural gas producers eking out profits again, it seems as good of a time as ever to reflect on what the boom in natural gas has taught us about the energy space. Let's look at three lessons that should shape the industry for the next couple years to come.http://business.financialpost.com/2012/10/03/unrealistic-exp...U.S. LNG deal changed expectations for Kitimat project: Apache execBy Edward Welsch, Bloomberg News | 12/10/03 | Last Updated: 12/10/03 9:40 AM ETA recent deal by Cheniere Energy Inc. to sell liquefied natural gas based on Henry Hub pricing has made it difficult to sign long-term LNG contracts based on oil prices, the head of Apache Corp.’s Canadian LNG export projects said.Peter Drucker said: "In a commodity market, you can only be as good as your dumbest competitor."
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