last nights calcs , page-27

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it is interesting isnt it - bpt is normally discounted to the "oilers" because of too much slant to gas!

I believe bpt hit hard due to cynicism of ever making money from shale gas/oil/condensate , and also because many smarties in market saw oil price crashing as they knew more about saudi arabia than me or you! ( interesting post somewhere about other reasons it suits saudis for oil price to drop- and they had stated as much publicly but not the political and strategic reasons for them to want it)- i suspect Barack Obama would have done all he could do to encourage them also! other reasons for oil to drop of course as well - i know i pondered on the bpt thread about it but refused ( like an idiot ) to rethink my investment in bpt - even bought a few more today at 98c!

back to bpt - if anyone makes money from shale in australia in next 4 yrs i suspect bru and bpt (and possibly sxy) would be best placed

what i am worried about a bit with bpt is if the weakness is due to drop off in electricity demand ( already reports indicate this is occuring due to solar panels sprouting everywhere and factory closures due to strong dollar and high costs ) and hence gas demand
- also see the coalition ( the brainless macfarlane not the brainly one!)saying they want to reserve gas for domestic users!!! please !! current govts energy policies a mishmash also not a help!