Friday, August 28, 2009
Nat Gas Stocks Look Interesting
Is Natural Gas set to make a move higher??? Since March 6th $NATGAS has declined 18%, yet Chesapeake (CHK) is up 67%, Devon (DVN) 65%, PenGrowth (PWE) 85% & PenWest (PWE) 81% ...the last 2 are LP's that pay a nice dividend too.
The US Department of Energy (DoE) is investing nearly US$300 million in its Clean Cities Grant from the American Recovery and Reinvestment Act to support clean fuels, vehicles and infrastructure development. ~link~
*click on charts to expand image