President Barack Obama Message Board

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Politics : President Barack Obama

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To: John Vosilla who wrote (114263)	5/27/2012 11:42:56 AM
From: RetiredNow	Read Replies (1) of 149317

Well, what's funny about it all is that if we truly are to become the Saudi Arabia of natural gas and we stick to our free market economy instead of unnaturally restricting supply like Saudi Arabia does, then it is a no-brainer that excess supply in a free market economy will equal low prices as demand struggles to sop it up. I don't know why anyone would think natural gas prices would go up and a fortune could be made in natural gas producers as we get a natural gas supply boom. Someone wasn't using their thinking cap. My view is that the only ones that stand to make money from the natural gas boom are the folks who shorted natural gas at the start of it, the natural gas storage companies, and sometime around 2014-15, the companies involved in natural gas exports.

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