New York, NY - June 7, 2012 (Investorideas.com Newswire)
Investorideas.com , and its natural gas stocks portal,
www,naturalgasstocks.com issues an investor alert for natural gas stocks
and why now might be a good time to buy.
The International Energy Agency (IEA) reports that: natural gas is
well on its way to a bright future, according to a new report from the
International Energy Agency (IEA) that projects China will more than
double consumption over the next five years while lower prices from the unconventional gas revolution will continue to benefit the United States.
The report, Medium-Term Gas Market Report 2012, released this week at
the World Gas Conference 2012, says China will become the third-largest
gas importer behind Europe and Asia Oceania, driving a 2.7% average
annual growth in global gas demand through 2017 (up from the 2.4% annual
growth rate predicted in last year's report). During the period, North
America will become a net LNG exporter, while Japanese imports will
increase, although by how much will hinge on the country's nuclear
policies.
Medium-Term Gas Market Report 2012, part of a series of IEA
medium-term market reports also featuring coal, oil and renewable
energy, presents detailed forecasts for the next five years of sectoral
demand by region plus supply and trade. An in-depth analysis addresses
infrastructure investments in LNG and pipelines."
Natural Gas Stocks TradingSnapshot
Chesapeake Energy Corporation (NYSE: CHK) is trading at 18.14 0.07(0.41%) 1:09PM EDT with an earlier high of $18.52
Cheniere Energy, Inc. (NYSE Amex:LNG) is trading at $13.07, up 0.12(1.00%) as of 1:08PM EDT
Clean Energy Fuels Corp. (NASDAQ:CLNE) trading at $13.55, down 0.31(2.24%) 1:16PM EDT with a morning high of $13.83
(FRAK), a new ETF for fracking stocks is trading at 21.04, up 0.14(0.66%) 1:08PM EDT
Westport Innovations Inc. (NasdaqGS: WPRT) trading up at $29.26, gaining 2.64 or (9.92%) as of 1:17PM EDT
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