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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Archie Meeties who wrote (24691)7/23/2003 9:08:05 AM
From: jim_p  Read Replies (1) of 206286
 
Arch,

Somehow production always increases more than expected given the proper price incentive. Yesterday I received an offer to buy my interest in a gas field that was depleted and has not had any commercial production for the last five years. The buyer must have a plan to squeeze a few more Mcf out of the field given today higher prices.

Supply is always a function of the price of NG.

Jim
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