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re: Lnglf.....who has been stocking up?
Posted on 8/6/15 at 9:52 am to thatguy777
Posted on 8/6/15 at 9:52 am to thatguy777
Everyone and their mom wants to build an LNG export facility in the US. The LNG market crashed with crude, and there's already 10 bcf/d of US supplied LNG coming into an already oversupplied market over the next 2-5 years. There are currently 6 LNG export facilities under construction in the US. Those 6 may be the only facilities built through the balance of this decade, if not longer.
This company keeps pushing their timeline back due to market conditions i.e. their inability to secure customers.
This company keeps pushing their timeline back due to market conditions i.e. their inability to secure customers.
This post was edited on 8/6/15 at 10:21 am
1
Posted on 8/6/15 at 10:08 am to sneakytiger
Thanks for the feedback. Thinking about starting a long position in Y before year end.
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