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

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To: jrhana who wrote (121256)5/31/2009 10:25:22 AM
From: Tommaso  Read Replies (1) of 206085
 
>>>So my preferred scenario would be an oh so slow and steady uptrend in the price of NG to around $8. It could then oscillate slowly between $6 and $8.

At $6, shale NG is a quite profitable proposition in both the Marcellus and the Haynesville at least.<<<

Even if the inflation-adjusted price does not rise, natural gas ought to be a better place to invest money than putting it in the bank.
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