|Day Low/High||81.20 / 82.84|
|52 Wk Low/High||27.06 / 69.35|
Oil prices are prompting a rash of estimate changes. But remember, this is good for 87% of the market.
Despite geopolitical troubles, North America is essentially energy independent.
General Mills is hovering at highs showing healthy strength and looks poised to make a move higher.
Some unexpected stocks and sectors have climbed the market's wall of worry.
Concerns that Russia may cut natural gas supply to Europe as uncertainty mounts in Ukraine has triggered a call for exports of U.S. natural gas to the continent so as to offset disruption.
North America isn't the world's only LNG source, nor the cheapest.
Power plant deregulation may spur massive impairments and write-downs.
AGA's Dave McCurdy says U.S. gas exports could send a signal to Europe that perhaps there are alternatives, but Europe must choose to "align with shale gas or with Russia."
AGA's Dave McCurdy says the Ukraine crisis has a serious potential affect on the energy balance and Russia has a lot at stake as they are a resource-based economy.
The U.S. lacks the infrastructure needed to ship liquefied natural gas.