Johnson LNG and the Bond Market

Discussion in 'Gary Johnson' started by william the wie, Aug 1, 2016.

  1. william the wie
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    william the wie Gold Member

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    This year the US went from zero to the world's third largest LNG exporter with up to 30 more LNG plants scheduled to join the existing one plant in MS. Since the substitution of LNG for crude is possible in most cases the price of oil will start to move towards the price of Natural Gas very quickly. That has political consequences:

    In September when the winter blend transition is over it will become very clear that oil will have to decline to only slightly above the $10/bbl NG equivalent. That will cause a huge number of bankruptcies world wide and most likely the majority will be outside the energy sector.

    Clinton effectively went to the matresses in Dec. of last year but as the candidate of more of the same she will be dead in the water when this hits.

    Trump will become over-confident, if that's possible.

    How should Johnson play this several yards of daylight?
     
  2. Toddsterpatriot
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    Toddsterpatriot Platinum Member

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    Since the substitution of LNG for crude is possible in most cases


    Huh?
     

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