Given the action that has taken place in the sector over the past several months, I haven't had the opportunity to sit down and answer your many energy investing questions.
So let's do that today. First, many of you have asked about the status of liquefied natural gas (LNG) exports from the United States and how that will impact the global market.
And one promising company in particular has drawn your interest...
The Panama Canal is getting a makeover that will allow it to accommodate ships as long as three football fields, with the capacity to carry almost three times the amount of cargo.
Once completed, the "new" canal will help jump-start U.S. LNG energy exports to Asian countries.
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Today, I'm flying back from Houston... again.
It seems I've been spending quite a bit of time in Texas these days - and for good reason. The rollout of our exciting 25-well oil and natural gas investing project is just one.
But another revolves around the tremendous changes in the industry itself, especially when it comes to natural gas.
In fact, I just presented the keynote address before the annual meeting of the Gas Compressor Association at the Moody Gardens Convention Center in Galveston.
It dealt with the inescapable and irresistible future of natural gas.
Powered by the shale gas boom, LNG exports will be one of best investment opportunities of the decade. Even the most conservative estimates project the U.S. as providing between 6% and 8% of all LNG exports worldwide by 2020. But first
Washington has to get out of the way...
Natural Gas Stocks 2014: As Russia's clash with Ukraine and the West boils on, pressure is mounting for the federal government to loosen export regulations on U.S. liquefied natural gas.
Currently, the U.S. exports natural gas to only a handful of countries, such as Canada. No U.S. LNG is exported to Europe.
That's mainly because the key factor in gaining the U.S. Department of Energy's blessing to export is whether or not the importing country has a free-trade agreement (FTA) with the United States.
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LNG stocks have gotten a bump up as Russia's clash with Ukraine boils on. The conflict may open the door to rejuvenated liquefied natural gas (LNG) exports to Europe.
Cheniere Energy Inc. (NYSE: LNG) - an LNG stock we've been bullish on for quite some time - closed up 3.88% to $51.17 per share Tuesday. It's up 18.67% so far in 2014. Sempra Energy (NYSE: SRE) climbed 0.91% to $94.60, and 5.77% in 2014. Dominion Resources Inc. (NYSE: D) went up 1.02% to $69.29 per share, a 7.11% increase in 2014.
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The Obama administration just approved the third license to export LNG, but a potential export boom is running into political stumbling blocks. Read More...
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As Money Morning Global Energy Strategist Dr. Kent Moors told us yesterday, the United States on Aug. 7 finally approved its third application to export LNG (liquefied natural gas).
The delays in the U.S. LNG export approval process have been frustrating an industry that's ready to capitalize on the price differences between North American and Asian natural gas prices. Asia LNG sells for about $16 per million BTU versus less than $4 per million BTU in the United States.
While the U.S. Department of Energy streamlines this lengthy approval process, our neighbor to the north is also using its abundance of shale gas to race into LNG exports.
You see, Canada has a lot of natural gas.
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Natural gas companies have a huge opportunity with LNG, but there’s another huge export boom already happening, that you can invest in now. Read More...
Natural gas companies have a chance at record profits thanks to a looming LNG export boom – but will the U.S. government stand in the way? Read More...
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