VOG 2005 New Thread

Nobody wants gas prices or energy prices to rise, nobody wants rents to increase, or house prices to rise, unfortunately thats the way it is today globally.

Ukraine and some of the other neighbouring countries have had it too goo for too long, and that is about to change, in fact it will change gradually my gut feeling is, 400% in one shot is not fair, but the fact that current levels are so cheap, Russia is right to increase the prices to near market rate.

Russia now has the spot light it requires, too many coincidences with the G8 presidency with Putin as we know, there are major reasons for this, and they have the upper hand.

Suddenly Russia is now the major headliner in the news not China, US or europe, and require this exposure to the world that they have plenty of gas and oil supplies in their regions. I am sure even in Chechnya, there lies a major reserve of the black stuff, hence they want all want it so badly.

There is only so much Gas on Earth, and there are is only so much land in the UK hence PRICES have increased and will rise again. Basic economics

Bloomberg expect Gas prices to rise in 2006 now , but Oil prices to ease a little, besides we are in a commodities cycle...

My view remains this is in VOG's Favour. Yukos management are very aware of this kind of game, and require gas prices in Russia to rise.

A month ago no names mentioned but people on this BB were complaining that Gas prices in Russia are so cheap in comparison to the UK, HENCE 0.5 TRILLION cfg, equates to nothing...

Well that argument is now about to become history also...!

DYOR as always.
Mags2.