Haven't done that much recent reading specifically on WDS of late;
I just thought the graph was a good one so I posted it (note also that one can increase the timescales and get the band to curve down as well);
it is not the only graph or report that forecasts gas will be stronger in the coming years;
I have held WPL for a long time and I added substantial to oil and gas when oil was down and even free for a short period - this has worked out so far;
WPL sold most gas into Asia, and in Asia the gas price always seems to be linked to (i.e. priced off) the oil price; I think the link is not hard and fast in that there may be upper and lower bounds on contracts where gas and oil price diverge;I have seen (can't quote source) that for WPL a given % change in the oil price had up to twice as much impact on the bottom line as the same % change in the spot gas price;
"oil and gas" are commonly bunched together, and should follow the same trend;I am not an expert or an analyst and I don't have finer detail or comments on this other than to say I think WDS should be good over the next few years and div if nothing else should hold up the sp;
my view is that supply will be limited because of climate change / esg driven lack of investment, while demand will hold up even as we move to alternative energies; I am assuming this transition is not as easy as everyone seems to think; so I think there may well continue a basic supply demand driven increase in oil and gas prices (as we have been seeing in public enemy number one, coal); this is apart from Russia etc...
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