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Natural Gas is the largest growing segment of electricity generation. No new nuclear plants are being built, or permitted for that fact because it is soooo expensive and time consuming. A very LARGE majority of the new electrical generation is from natural gas. In the next 5 years, natural gas companies (ie those that own the reserves) are going to be golden... the demand is growing almost exponentially, thus the need for new delivery systems (pipelines). Here is some info fromt eh EIA (DoE) website... http://www.eia.doe.gov/oiaf/analysispaper/global/uslng.html
United States Natural Gas and LNG Outlook: Beyond 2010 # Based on EIA long-term forecasts, U.S.13 natural gas consumption is projected to increase from 22.5 Tcf in 2002 to 26.2 Tcf in 2010 and 31.4 Tcf by 2025. Domestic gas production is expected to increase more slowly than consumption over the forecast period, rising from 19.0 Tcf in 2002 to 20.5 Tcf in 2010 and 24.0 Tcf by 2025. The difference between consumption and production will be made up by imports, which are projected to rise from net imports of 3.5 Tcf in 2002 to 7.2 Tcf by 2025.
# Nearly all the increase in net U.S. natural gas imports from 2002 to 2010 is expected to come from LNG, with an almost 2.0-Tcf (42.0-million-ton) increase expected over 2002 levels. Net U.S. LNG imports are expected to rise from 5 percent of net U.S. natural gas imports in 2002 to 39 percent in 2010.
# Over the forecast period, net pipeline imports from Canada are expected to reach 3.7 Tcf in 2010, and then decline as Canadian fields mature and Canadian demand increases. It is projected that LNG will become the largest source of net U.S. imports by 2015, as Canadian imports decline.
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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Looks like a close in the green, nice! Out of the 20 penny stocks on my watch list, this is only one of three that are green today.
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From another board. Take it for what it's worth.
TRANSWORLD OIL & GAS (TWOG.PK) $20 million in revenues on the "Russian" deal, they mentioned back at AKOL.PK.
Update 8-16-05
(The upcoming "Russian" deal has $20 million in revenues and could have the potential to blast this off to over a $1.00. Based on previous news from AKOL.PK.
Someone said they got an email from the company saying, news would be coming soon... Finally, can't wait to read about their accomplishments. Anything of value, will make this stock blast off...)
Houston, TX. Run by Mike Mancini and Robert Needham. They were running AKOL.PK, and Frontier Oil Company before that. They seem to spend most of their time running TWOG.PK, from Toronto, Canada. Huge accumulation going on the other day. Someone is buying it cheap. According to a PR at the old AKOL.PK, some think TWOG is doing an acquisition of a Russian oil company - acquiring 49%. At AKOL.PK, they said, $20 million in revenues. They say they are a development company. Based on previous news at AKOL.PK, the former symbol. I have been following this stock for several months. I am an investor in it. Something seems to be going on here. They changed their name and symbol to reflect doing overseas business. They went from 320,000 traded the other day, to over 7 million traded today. The stock also traded 10-11 million just the other day. They once went from .01 to .07 a few months ago. And, they once were as high as .49 in the past. I'd like to see it go to $1.13 for some personal reasons. I'm an investor here, and I am waiting for something good to happen. They used to be AKOL.PK. Alaskan Oil and Gas. They just changed the name and symbol. No news posted yet. They need to keep the shareholders informed. Something's going on. Somebody knows something. Oil is a hot and greasy commodity these days. Black gold. It's what made the Beverly Hillbillies - "RICH!" Texas Tea! I'll be glad when they actually do something, like find some oil, dig a hole, pump oil, do a JV, acquire something, build something, make a website, print some news and PRs, make a real company, start making something happen and doing something to make us some money. Hopefully, they'll be working their way back up to .01. Can't wait until they finally move up and over .05 and over .10. If they close on the 49% of the Russian deal, this could blast off over a dollar. To the 2 Canadians running this company - "Hurry up and do something!" It's time for the two guys running TWOG.PK, Mike Mancini Robert Needham to perform. The shareholders expect action here. "Show me the money!" - from the movie Jerry McGuire. Feel free to post - if you got anything to share on this company...
-------------------- I never knew a Nickle was worth so much....
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Man! It feels great to be in two amazing stocks that are getting ready to POP!! GO TWOG and ICMH!!! I can't wait to see what happens!
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