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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (21430)7/21/2009 11:05:22 AM
From: Real Man  Respond to of 71426
 
Dirt cheap. So cheap, I wonder if someone foreclosed on it. <g>
Cheaper than oil @ 30 this winter. There are quite a few shorts
sitting on it too.




To: re3 who wrote (21430)7/21/2009 11:57:42 AM
From: Real Man  Read Replies (3) | Respond to of 71426
 
In general, you should multiply gas price by 6 to get what the
equivalent price of crude would be. So, in crude terms, NG is
currently trading at about $23 per barrel and was trading at
about $20 per barrel a week ago. <G>