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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.850.0%Nov 20 4:00 PM EST

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To: Haim R. Branisteanu who wrote (86352)1/25/2012 8:57:41 PM
From: Cogito Ergo Sum  Read Replies (2) of 217901
 
starting with a one :O) possible ... but I'll enjoy my ECA for now ;O)

pros for higher NG..
-recent fracking blowout which seems the green side has not really pushed on.. wonder why it's all about oilsands.. geez..
- downward revision on shale reserves..
-coal replacement..

cons
- not a lot of commitment among NG majors yet to cut back..
-NGLs high demand.. lots of NG as a byproduct..
- drill them or lose them leases..

SB interesting... but there has to be a bottom around here somewhere..

You think we have a V bottom in NG ??

I don't like those odds... yet..
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