Many high profile people are calling for CNG bowsers to be installed at service stations across the US to reduce their dependence on foreign oil and reduce their trade deficit. If they establish CNG as a fuel for transport then we should see the price of gas appreciate compared to oil. If I am not mistaken, gas usually hits its peak price in the Northern winter as demand peaks. I just hope the price of energy does not slide too far by then.
Rayburn will provide STX with good revenue to continue with their other projects. Any short term upside in the sp may come from a good reserve estimate at Rayburn. Other than that bring on Rodeo and Baniyas.
Many high profile people are calling for CNG bowsers to be...
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $616.0M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $4.542M | 20.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 343465 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 563407 | 9 |
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| STX (ASX) Chart |