Shale Gas

I think the Qataris, Yanks, Chinese, Indians, Koreans, Singaporeans, Malaysians, etc, etc are coming. Virtually, all the shale gas explorers have jumped today. Only SXY which has a 'dry' well announcement today, failed to climb.

Actually, the Chinese need not come. They have the biggest reserve in the world of shale gas. If you own shares in these shale gas stocks, you will have to sell eventually because the market will be saturated with LNG.