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GTLS - Chart Industries: Proving Einstein Wrong With Gas
Chart Industries Inc.
Einstein and lunacy
In March 2016 my concluding sentence in Light at the End of the Natural Gas Price Tunnel said “I have seen recent forecasts of $3 per MMBtu in 2017 but I suspect it will be much higher”. At the time it had not exceeded that figure for a long time and, as of today, still struggles to reach it.
This chart showed past prices. That incredible price collapse combined with new sources of demand, that I mentioned in the article, supported my theory so I continued to invest in gas.