Playing the Energy Sector in '09 ---- "super spike" in natural gas-------

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Clint008

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Playing the Energy Sector in '09 ---- "super spike" in natural gas-------

posted on May 01, 2009 11:21AM

John Licata: Playing the Energy Sector in '09
Source: The Energy Report 04/30/2009
May 28th marks the next OPEC meeting. Will there be more production cuts? John Licata, chief investment strategist at Blue Phoenix Inc. doesn't think so, noting that even those cuts are being offset by "much production coming from non-OPEC members." In this exclusive interview with The Energy Report, conducted on April 20, John discusses the underlying forces that continue to drive crude's price volatility and explains why he foresees a "super spike" in natural gas—the likes of which we haven't seen since 2003.