I stand by my previous statements. I'm going to be quite honest. I am baffled by the current state of the oil and gas market. Nothing has really changed from this time 2 years ago other than the drop in price. If anything the current drop in price would be driving MORE use! Yes we have more oil in the US due to the Shale Oil growth but we don't export currently. I fully expect the majority of all power around the world to be made from gas/LNG due to environmental drivers and cost efficiency. I also expect a large shift from diesel over to Gas Oil or LNG especially in public transportation and large over the road vehicles. It's cheaper and more efficient. The only issue at this time as far as I'm aware is a lack of infrastructure for distribution of the product. I'm sure there will be some sort of subsidy program initiated to push the use due to its lower emissions. I am seeing more and more locations that can sell natural gas at stations. All of this makes me comfortable in investing in LNG as I feel it is still an emerging industry. All articles I've read point towards what I'm saying as far as increased usage thru 2030. Will I get rich next year? Probably not but I do feel it will be a good investment over the long term with lots of growth potential.
I look for opportunities in emerging markets. I only wish I had invested in Apple, Google and Microsoft back in the day. If anyone sees any other opportunities in emerging markets PLEASE key us in.
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