Woodside Petroleum is an australian company, the second largest energy company in Australia behind BHP, with massive LNG reserves coming online between now and 2015. While many of the US producers are dealing with LNG projects it seems that Woodside has a competitive advantage related to location to Asia and the massive multibillion dollar LNG projects that it has undertaken. Also, if you own it in Aussie $$ there is some protection against dollar devaluation.
To me, natural gas and LNG that can be transported around the world have to be viewed differently. Has anyone thought about Woodside investment? For the record, this is 1 of my large non metal holdings.