Charif might be right about the global gas market tightening five years in the future but there are reasons to think the U.S. market will tighten more .
U.S. supply is going to fall when the cheap money is choked , wells and reservoirs deplete and sweet spots are drilled out . U.S. domestic demand is going to rise from things like the Picken's Plan for transport , chemical industry expansion and LNG export .
We've just had a very mild winter . A cold one and prices could be heading to $5 or $6 / mcf .
I really do think that Magnolia and Bear Head will be amongst the last to get in before the window of opportunity closes .
Far easier for Charif to just buy LNG Ltd which is looking like it has been packaged up .
LNG Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
