Big Dog's Boom Boom Room Message Board

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

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To: Hannoverian who wrote (182823)	3/1/2014 11:54:46 AM
From: quehubo	Read Replies (1) of 206334

It certainly appears by the futures strip that the market at this time thinks there is plenty of new supply waiting to produced. I suspect storage owners will be aggressive early to refill. Perhaps a long heating season will lead into a cold Summer. I dont think the gas to coal switching is going to be such a smooth mechanism to ration down gas demand. But we shall see. It was not so long ago that all the smartest money was betting $7+ NG forever. What will it take to get a spike in gas directed drilling? $5+ on the 18 month strip?

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