The price of Natural Gas has been taking a beating for a while. The reason for the sudden drop in prices is simply supply and demand. Natural gas supplies have grown in recent years as new technologies have made it easier for producers to unlock previously unreachable reservoirs in onshore shale formations. Some natural gas producers have vowed to reduce natural gas drilling until the gas becomes more valuable, however the chances of supply being greatly reduced are minimal. According to report from the US Energy Information Association (EIA) US natural gas production in 2010 should show a 2.5% increase from 2009 levels. The statistical arm of the Department of Energy also increased its 2011 production forecast by 0.4 billion cubic feet a day, to 60.77 billion cubic feet a day. The Bedford Report examines investing opportunities in natural gas and provides research reports Chesapeake Energy Corporation (NYSE: CHK) and Delta Petroleum Corporation (NASDAQ: DPTR). Access to the full company reports can be found at:

www.bedfordreport.com/2010-11-CHK

www.bedfordreport.com/2010-11-DPTR

Longer term, there is slightly more optimism surrounding natural gas. Analysts argue that the natural gas oversupply in the United States could make the nation a major natural gas exporter in recent years. Demand for gas is soaring in Asia and other emerging markets as their economies expand. At the moment the United States has eight liquefied-natural-gas import facilities, but only one small LNG export facility, which is in Alaska.

The Bedford Report releases regular market updates on the natural gas so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us for free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

More liquefied natural gas export facilities could be developed going forward. Last week The Wall Street Journal reported that a subsidiary of Cheniere Energy is working on a deal to supply liquefied natural gas to one of China's largest independently owned natural gas companies. Chesapeake Energy's Chief Executive Aubrey McClendon told investors at a conference he has been in talks with Cheniere to supply gas to the proposed facility. While Cheniere would still need to build the liquefaction facility, the company's CEO believes that interest in the project from natural gas suppliers such as Chesapeake, as well as Chinese interest "confirms the global appetite for US natural gas."

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact: The Bedford Report Email Contact

Delta Petroleum (NASDAQ:DPTR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Delta Petroleum Charts.
Delta Petroleum (NASDAQ:DPTR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Delta Petroleum Charts.