[Trend]Embracing Colder Winter and Higher Gas
Still remember the movie "Day after tomorrow"? The sci-fi thriller simulates the devastating result of continuing climb in temperature due to global warming such as severe tornado hit and gigantic snow storms. The fact is it probably won't happen so quickly. However scientists are still worrying the current rate of carbon dioxide buring to the atmosphere may eventually triggerred the devastating climate changes that were shown in the movie although would occur gradually. This year we are beginning to see some of the climate changes. For instance this year in Florida we are seeing record number of hurrican with more servere damage such as Katrina (although part of the reason of the tradegy is due to bureaucracy).
More recently another climate which is taking place is colder winter. The recent servere snow storms have caused troubles in northeastern United States and Texas. We are still in the beginning of the winter and to survive the long and cold winter more heating gas is needed for every household. As gas utility charge have hiked dramatically recently (50% in California), this makes a group of stocks really interesting to watch, the gas utilities. Since the snow storm is currently hitting the northeastern states, the list only contains gas utility companies in these states.
More recently another climate which is taking place is colder winter. The recent servere snow storms have caused troubles in northeastern United States and Texas. We are still in the beginning of the winter and to survive the long and cold winter more heating gas is needed for every household. As gas utility charge have hiked dramatically recently (50% in California), this makes a group of stocks really interesting to watch, the gas utilities. Since the snow storm is currently hitting the northeastern states, the list only contains gas utility companies in these states.
- Chesapeake Utilities(CPK) - Maryland, Delaware, Florida - continuous growth in annual revenue
- Equitable Resources Inc. (EQT) - West Virginia, Kentuky - trading near 5w week high
- National Fuel Gas (NFG) - New York, Pennsylvania - the stock has rose more than 10% since mid November
- New Jersey Resources (NJR) - New Jersey, New England - back from 52 week low of $42 per share
- Piedmont Natural Gas (PNY) - North Carolina, South Carolina - the stock is coming off 52 week low of $22 per share.
- South Jersey Industries (SJI) - New Jersey - the stock is on a rally recently from $27 per share to $30 per share
- Southern Union (SUG) - Pennsylvania, Rhode Island, Massachusetts, Missouri - the stock has just bouned off its 52 week low of $22 per share
posted by Stock Geek at 4:36 PM
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