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


To: Biotech Jim who wrote (125451)11/5/2009 9:04:42 AM
From: MIRU  Respond to of 206182
 
Let me get this straight --- we are producing more gas with half the rigs stacked. Isn't there something about this picture that makes higher gas prices a bit unlikely? The shale gas producers are hedging out two years at $5 or $6 and apparently making plenty of money. As long as the market is in this kind of contango there must be something better to do than waste time discussing natural gas.