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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Frank who wrote (98064)3/17/2008 3:26:36 PM
From: Sharp_End_Of_Drill  Read Replies (2) of 206338
 
Frank, I don't agree there is not enough natural gas.

In a macro sense winter is all but over and we still have more than 1T in storage, all the farmers that planted corn last year will this year be sowing soy beans which don't need nitrogen fertilizer, the LNG argument is much less valid with high prices, and with these prices everybody and their dog will be drilling for gas.

I think this is a speculative run that has been amped up by a cold ending to winter, and exacerbated by hedge funds fleeing stocks looking for yield.
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