What happened to the market today? Man it had virtually bottomed out and opened with a confident push. It was up and down for awhile till the Federal Reserve said they would maintain short term apr at low levels through 2013, leaving the door open also for QE3. The market closed up over 400 points on that news.
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The USA is within a pickle along with cookie jar. We don’t have any money, we all owe money like loonie. When you’re locked in a room which appears to have no doors – then suddenly, a door opens, what do you do? You RUN by using their door, not? By getting our oil and gas out of your ground, we can turn the states around, as well as the powers that be understand. So, despite what you find out about oil and gas finding yourself in the past, hold to your hat, being the winds of change are blowing, and contrary to popular belief, it isn’t turning wind mills. The U.S. finish up the world’s largest producer of natural gas investor soon.
I to be able to dig for your information, yet it’s all there in white and black. KKR discovered something appealing. Demand for natural gas can change very in a flash. Right now demand is down, for this reason are the costs.
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Shell signed a “shareholders agreement” with China National Petroleum Corp. in late June. The agreement was for a 50-50 jv “meant to accelerate large-scale development of shale gas, tight gas and coal bed methane through the standardization and automation of drilling,” site LNG World News.
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