LNC
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0.00% 99.5¢ linc energy ltd

According to The Oil and Gas Weekly the Henry Hub price for gas...

  1. bernie3
    269 Posts.
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    24/01/12
    08:51
    Post #: 9589362
    According to The Oil and Gas Weekly the Henry Hub price for gas in the US has collapsed recently After each month the WTI oil price is followed by the Gas price. A primary reason given is the large increase in projects coming on board, especially shale. Two weeks ago the price fell 15% and then a further 25% last week, exacerbated by the warmer than usual weather. The weather is obviously a temporary influence but the increase in gas supply available is not.

    Sept 86.45 3.87 Oct 79.20 3.67 Nov 93.32 3.92 Dec 100.96 3.58 Jan 100.79 2.98 Now 98.33 2.34
    LNC Price at posting: $1.41 Sentiment: LT Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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