Natural gas has gained upside momentum in recent weeks thanks to colder temperatures that have gripped much of North America. So the question beckons, can natural gas continue to trade above $4/mbtu in 2014? Joel South of The Motley Fool and I debate the issue and try to give investors an array of pro and con issues to keep in mind heading into the New Year. Some natural gas names to consider are Cabot Oil (NYSE: COG) and Dynergy (NYSE: DYN).
The growing use for natural gas in the transportation sector along with increased potential for natural gas to be used with renewable energy sources have major implications for the direction for this energy source in the New Year.
About the Author
John Licata is the Founder & Chief Energy Strategist of Blue Phoenix Inc. and the author of “Lessons from Frankenstorm: Investing for Future Power Disruptions”, a 2013 Wiley e-book on the future of energy post Sandy. His ability to cross-pollinate idea generation and analysis of both traditional and unconventional global energy markets has been documented in the global media for north of a decade by the likes of Bloomberg, CNBC, BNN, Yahoo! Finance, Reuters Insider and Fox Business Channel.
John is a proven Strategist with over fifteen years of commodity research experience and unique content creation which has made him a highly sought out public speaker for viewpoints related to the future of energy. Prior to launching Blue Phoenix Inc. in 2005, John held research and trading positions at Dow Jones, Salomon Smith Barney, BrokerageAmerica and on the floor of the New York Mercantile Exchange (NYMEX).
John graduated from Saint Peter’s University with a B.S. in Economics and he received his M.B.A. from the Executive MBA Program at NYU’s Leonard N. Stern School of Business.