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Scott Shields, Katy Texas, Agrees with Analysts - Get Ready for Oil and LNG Price Spikes

Oil prices could 'super spike' above $150 a barrel, analyst warns By Matthew Rocco Published July 06, 2018 Oil FOXBusiness Reprint by Scott Shields Katy, Scott Shields Houston, www.morganshields.com Facebook Twitter Comments Print Is $80 oil right around the corner? Former Shell Oil President John Hofmeister on the outlook for oil prices. Oil prices could double and surge past all-time highs of around $150 a barrel with a possible supply crunch on the horizon, analysts at Bernstein Research warned. Energy producers had pulled back on spending during a period of weak crude prices, shunning large exploration projects. Only 15 companies are now responsible for 80% of global oil reserves, according to a Bernstein research note cited by CNBC Opens a New Window. . By cutting investments, the industry risks creating a shortage of oil in the long run, Bernstein said. “Any shortfall in supply will result in a super-spike in prices, ...

Tellurian LNG Posts Loss, Still Receiving Investment Interest, Global LNG Pricing Recovery

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AP AP LNG Market Is Heating Up, with Netbacks from Asia Very Strong.  There are many international investors in the market right now the supply/demand picture, all originally caused by price elasticity of demand -- low prices meant many users switching to nat gas.  They are the same users who understand the long 7 year lead time to develop LNG export facilities.  Investors  understand the limited regulatory, governmental, and manageable natural gas price risks associated with the US, making investment in US liquefaction an appealing capital long term deployment strategy. Reposted by www.morganshields.com Scott Shields Katy Scott Shields Houston s Tellurian Reports First Quarter 2018 Result HOUSTON--(BUSINESS WIRE)--May 9, 2018--Tellurian Inc. (Tellurian) (NASDAQ: TELL) continued to build its global natural gas business during the first quarter of 2018. Notable Tellurian achievements: Initiated a process to raise $24 billion for ...

Sinopec Must Build Regas Facilities to Meets ifs Gas Use Goals by 2020 (10% of Energy Use)

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APRIL 2, 2018 / 6:14 AM / UPDATED 5 HOURS AGO UPDATE 1-China's Sinopec to more than double LNG capacity, boost shale gas output Reuters Staff China Terminals scott shields katy houston texas 3 MIN READ (Adds comments by company officials) By Chen Aizhu and Meng Meng BEIJING, April 2 (Reuters) - China’s Sinopec group, parent of Sinopec Corp, aims to more than double its receiving capacity of liquefied natural gas over the next six years and lift domestic shale gas production by two thirds by 2020. The plans are part of the state energy firm’s efforts for clean fuel production to account for half of its total energy supply by 2023. Sinopec will have 60 billion cubic meters (bcm) of natural gas supply capacity, which includes both imports and domestic production, by 2023, the group said on Monday. It produced 27 bcm of gas in 2017. The group plans to add new receiving facilities for imported LNG along China’s east coast to a total of 26 million tonnes annually by 2...
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Katy Texas Man Gas Analyst- Scott Shields Houston, Texas Posted by www.M-SConsulting.com & www.MorganShields.com   Linked in Profile  Job Description:   Gas Marketing Analyst- Katy Texas Work as a member of the marketing team to negotiate short-term term purchases and sales of natural gas supply. Provide commercial support for Natural Gas Marketing activities by gathering and analyzing market data related to the U.S. Natural Gas Market. Evaluate transportation options for sourcing feed gas and marketing equity production. Develop comprehensive reports to support natural gas marketing strategies. Identify counterparties and work to execute NAESB contracts. Optimize and manage day to day operations of feed gas supply needs with LNG operations. This role is expected to expand over time and allow for candidate to develop into Gas Marketer under the direct supervision of the Team Leader. Ideal candidate will have 5 to 10 years of expe...
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U.S. COAST GUARD AFFIRMS TEXAS LNG’S MARINE TRAFFIC SUITABILITY FOR PORT OF BROWNSVILLE Houston, Texas, February 26, 2018 – Texas LNG Brownsville LLC (“Texas LNG”) is pleased to announce that the United States Coast Guard has issued a Letter of Recommendation to the Federal Energy Regulatory Commission ("FERC") confirming the suitability of the Brownsville Ship Channel for Texas LNG’s marine traffic as it relates to safety and security. “After reviewing the information in the applicant’s [Letter of Intent] and Waterway Suitability Assessment  and completing an evaluation of the waterway in consultation with a variety of state and local port stakeholders, I recommend that the Brownsville Ship Channel be considered suitable for … accommodating the type and frequency of LNG marine traffic associated with this project,” stated U.S. Coast Guard Captain R.A. Hahn, Captain of the Port, Corpus Christi, Texas, in his letter to FERC. In its review of Tex...