Cheap natural gas means Americans can buy the equivalent of a barrel of crude for $35. That's the exciting reality that has Ron Muhlenkamp putting his investment dollars behind the next great fuel switch, this time in the transportation sector.
There is a way to capture eye-popping returns without having to take an “E-ticket” ride. That is to focus on MLP’s that only invest in the natural gas industry. The smart way to play here is to own securities that benefit from the increasing volume of natural gas production.
Currently the cheapest barrels of oil and ounces of gold aren't in the ground, they're listed on the stock exchange. This is why the smart money, such as the world's largest mining company, is swooping in to pick up reserves at discounted prices.
Terasen earned a third-quarter profit of C$4 million, down from C$10.1 million a year ago as the pipeline operator and natural gas distributor was hurt by costs associated with its planned takeover by U.S. energy giant Kinder Morgan.