tag:blogger.com,1999:blog-21569063.post1715767799796672358..comments2024-02-08T02:16:54.318-08:00Comments on Commodity Bull Market: Oil to Natural Gas Ratio at Historic Extreme LevelsBrett Owenshttp://www.blogger.com/profile/04741732770011620478noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-21569063.post-67924242641133111492009-06-17T10:54:35.212-07:002009-06-17T10:54:35.212-07:00Oil prices are not going back to the levels of las...Oil prices are not going back to the levels of last summer. The prices are capped. The latest numbers from Credit Suisse show why. The financial crisis has created permanent destruction of demand growth. The expectation now is 1% growth in demand per year. Two contributors to this are: <br /><br />1. Faster gasification in Asia (as Asian nations begin to use liquefied natural gas)<br />2. Greater auto efficiency in the US. Sensitivity to high gas prices is extreme, given all the pain the US consumers have experienced. Fuel efficiency is here to stay.<br /><br />http://www.SoberLook.comSober Lookhttps://www.blogger.com/profile/09982582412963265882noreply@blogger.comtag:blogger.com,1999:blog-21569063.post-17575340910427808572009-06-12T20:33:35.973-07:002009-06-12T20:33:35.973-07:00Brett I agree and looking at going very long natur...Brett I agree and looking at going very long natural gas through Horizon Bet Pro's ETF HNU Natural Gas Bull. I have one question.<br /><br />I am 100% confident that natural gas will go up in value long term but if it trades sideways for a long time is there any risk in holding an ETF for extended periods other than cost of capital and small MER charges on the ETF?<br /><br />StevenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-21569063.post-28880560228205766362009-06-11T20:23:53.345-07:002009-06-11T20:23:53.345-07:00Thank you Dennis, really appreciate it.
Great m...Thank you Dennis, really appreciate it. <br /><br />Great minds must think alike, haha - great to connect with another like-minded person, thx for commenting and reading...Brett Owenshttps://www.blogger.com/profile/04741732770011620478noreply@blogger.comtag:blogger.com,1999:blog-21569063.post-24187864473378128192009-06-11T09:25:48.018-07:002009-06-11T09:25:48.018-07:00Hey, Brett, you're welcome! I hope that I'...Hey, Brett, you're welcome! I hope that I've mentioned that I find your blog well worth reading. Your worldview seems pretty close to mine too.Dennis Manganhttps://www.blogger.com/profile/16934802482968611507noreply@blogger.comtag:blogger.com,1999:blog-21569063.post-33196072942039991102009-06-11T07:55:55.611-07:002009-06-11T07:55:55.611-07:00Thanks Dennis!Thanks Dennis!Brett Owenshttps://www.blogger.com/profile/04741732770011620478noreply@blogger.comtag:blogger.com,1999:blog-21569063.post-13824796490399330572009-06-11T07:26:27.834-07:002009-06-11T07:26:27.834-07:00USL.USL.Dennis Manganhttps://www.blogger.com/profile/16934802482968611507noreply@blogger.com