October 29th, 2011 
Category: 
It’s getting colder by the day up here in Montreal and sub-zero temperatures are slowly emerging (at night for now). If we get a repeat of last year’s winter the share price of a lot of NG weighted companies will be recovering on the back of rising natural gas consumption. Natural gas prices won’t be going through the roof but they will rise enough to impact the stock prices of companies that have been trashed due to their gassy production weighting; companies like Vero Energy VRO.TO 2.51 [0.00] which is trading at a significant discount to NAV.
Source: U.S. Energy Information Administration
The EIA recently released this household heating chart where natural gas shows up as the dominating household heating fuel across the US. This is exactly why a cold winter in North America would push NG prices higher. The question is: are you willing to bet on the weather for a repeat of last year’s cold?
Blog Roundup
Getting Laid Off for the First Time: What I Learned from the Experience (Invest it Wisely)
Situational Awareness (smuggling an apple and getting tailed) (101 Centavos)
Favourite Takeaways – The Elements of Investing (Part 1 of 3) (My Own Advisor)
Definitive Guide To Investing In China (Intelligent Speculator)
HOWTO Do A 401K Rollover Correctly (Money Cone)
What Should Your First Investment Be? (20s Finances)
How My Investments Are Changing, Mutual Funds and ETFs Versus Stocks (Money Reasons)
Ending the Cycle of Debt (The Debt Myth)
The Economy is Turning Around (Barbara Friedberg Personal Finance)
Want Your Kids to Manage Money Well? Teach Them (Canadian Finance Blog)
Have a great Weekend!
Thanks for including my link
you’re welcome
I think I’m OK with a cold winter and higher gas prices, even if it means it will cost more to heat the house. Thanks for the mention, Mich.
We use electricity in my house for heating, I like to get only 1 bill at the end of the month!
I’m so glad I don’t have to deal with huge heating bills!
You’re lucky, you don’t want to see my bill at the end of February!
Thanks for the mention! Hope you had a great weekend!
Thanks MOA!
Very interesting stats. I live in Canada so a cold winter is inevitable. I am still soaking in the nice days though. No white stuff yet.
No white stuff in Montreal either but it’s coming I tell you
You have a great list. I promise to check them out tomorrow. Thank you for sharing!
you’re welcome!
Some excellent links… thanks. Where do you think oil prices will average between now and June 2012?
Doc I really hope $80 WTI will be the floor and I wouldn’t like to see prices go above $100 because it will pressure whatever semblance of a recovery we have.
Thanks for the weekend inclusion, Mich!
Thanks for the mention Mich!
Thanks for the link love Mich!