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Strategies & Market Trends : The coming US dollar crisis

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To: Arran Yuan who wrote (33769)12/27/2010 10:10:10 AM
From: Horgad   of 71456
 
Natural Gas up 50% would be entirely plausible, but I am not sure that it would stick. 50% would only get to around the cost of production. The drive for the move would be that more wells start getting capped now that the leases have been secured by getting the fields operational.

But all that n. gas in ground surplus is still there and permanent price support by exporting is tricky, because a 50% surge from here kills the profitability. That leaves waiting for cheaper n. gas to replace other energy sources in North America. Not sure how long that takes...probably years.
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