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


To: energyplay who wrote (121704)6/16/2009 10:05:27 AM
From: Tommaso  Respond to of 206339
 
>>>The gang on CNBC Fast Money said that speculators & managers were moving out of oil, because it had gone up so fast, but still wanted exposure to energy, so they all (or many of them) moved into natural gas. All at once.<<<

If that's true, I guess it's good for oil prices. Most of those "speculators and managers" must not know a thing about the technologies involved, especially the fracking of the gas shales.