electricity price rage, page-3

fup,

gas prices are going down? really?

What time frames are you taking about? Next week? Or the next ten years.

If you know anything about CSM you'd know that ramp up gas must be disposed off prior to being sent to the LNG plant coming on-line at start-up. So, low gas prices for the next two years, yes. In 2015..well, let me know if you can buy any gas.

So assuming ESG gets its projects going, assume minimum 3-4 years from financial close. 2015?

If a TO comes expect all this low gas price talk to take precendance, but these are 20+ year projects and short term thinking is why you will be duped into selling low because the big boys know the prices are heading to a 10-20% discount to the energy cost of oil energy. And oil is going to be cheap in the future?

So I think your shallow assessment is not worth a crumpet.