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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: onginvester who wrote (94275)12/5/2007 9:33:19 AM
From: Bearcatbob  Read Replies (1) | Respond to of 206151
 
I believe natty is the place to be. I also recognize I may be early. The cure for over supply is low prices. The cure is in place.



To: onginvester who wrote (94275)12/5/2007 10:27:40 AM
From: GVTucker  Respond to of 206151
 
orginvestor, RE: NG is cheaper in USA than anywhere in the world right now, 1/2 to a 1/3rd of what Europe is paying.

I agree that US gas is cheaper, but it isn't anywhere near 1/2 or 1/3 the price of Euorpean gas. Right now UK gas is around 40-45 pence per therm. That's roughly $8.50/mcf, depending on your assumptions.