SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CpsOmis who wrote (86509)2/7/2001 7:35:19 AM
From: Think4Yourself  Read Replies (2) of 95453
 
Yes, I am still heavily NG oriented here. I don't believe that very many people are keeping in mind the cause for the recent low draws. Low NG prices will bring back an awful lot of pent up demand. We aren't out of this yet, not by a long shot. The low NG prices could exacerbate the problem because price is the only mechanism to keep supply and demand in balance. If supply is dangerously low and prices don't reflect that then what's to keep supply from running out?

As recent posters have pointed out, there is a great deal of confusion as to whether or not there has been any flush production effect out there. Companies like BR produce more NG than a dozen independents. The article about production declines named the bulk of the major producers, which is the main reason I distrust the EEA report.

Lastly there is the obvious fact that stock prices still aren't close to reflecting commodity prices.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News