Either way I am more encouraged by developments in the U.S. than threatened but I would not touch anything coal for the foreseeable future. Any shale oil they produce will be badly needed to fill the demand/supply gap in coming years and maybe they might export some LNG, but Australia's inherent advantage here is geography. We are half the distance to Asia and thus half the shipping cost with cheaper to produce LNG. So really, I don't see how they will be able to effectively compete but if LNG demand remains strong and prices high, then sure they will tap into some of that but that's good all round. Lower US deficits, more jobs etc.
Does anyone remember what currency WPLs LNG contracts to Asia/Japan are based in? I think it's in USD, so this could also be good because the AUD should fall below the USD for one simple inarguable reason...
Australia stands to lose 4.5 billion in coal exports next year as US gas production continues to displace coal in power generation.
- Forums
- ASX - By Stock
- WDS
- evidence points to us lng exports
evidence points to us lng exports, page-11
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WDS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$24.36 |
Change
-0.340(1.38%) |
Mkt cap ! $46.25B |
Open | High | Low | Value | Volume |
$24.40 | $24.50 | $24.13 | $170.0M | 6.991M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2150 | $24.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$24.38 | 50100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2150 | 24.350 |
1 | 800 | 24.330 |
1 | 308 | 24.310 |
5 | 3010 | 24.300 |
3 | 1341 | 24.290 |
Price($) | Vol. | No. |
---|---|---|
24.390 | 500 | 1 |
24.400 | 674 | 1 |
24.470 | 1100 | 1 |
24.490 | 1615 | 2 |
24.500 | 9361 | 8 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
WDS (ASX) Chart |