Oil macro analysis, page-70

LNG is heavily leveraged to the gas price. The gas price currently at $2.23 will continue to fall. I expect it to recover to $3.20 in the second half of 2016.

LNG SP will continue to fall in the short term. I expect the SP to fall below $0.90 by February 2016 and recover to $1.40 late in 2016. I will make my move and buy early to mid next year. I think it will get worse before it gets better, so unless you are going long LNG is a STRONG SELL @ $1.19.