MAE marion energy limited

Thanks for your reasoned and balanced post Sleuth . It is a...

  1. 7,809 Posts.
    Thanks for your reasoned and balanced post Sleuth .


    It is a great advantage, as you say, that many productive energy companies around the globe, and the USA included, are very cashed up and lucrative atm .
    Oil supplies at 40 + year lows in the US are an accurate indicator that energy reserves are going to be sought, despite what shareprices do in the interim .
    LNG growth trends are going to be a world wide as oil remains high .
    There is good reason why BHP wanted to build a massive LNG terminal off the Californian coast and it wasn't for short term gain .

 
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