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

To: DebtBomb who wrote (24396)	11/18/2009 12:18:50 PM
From: Real Man	1 Recommendation Read Replies (3) \| Respond to of 71450

Yes, they are. -g- Seriously, Nat gas is a domestic commodity, while oil isn't, which is why it is lagging. Besides, they are raising consumer price tag on it while the wholesale price is falling. Oil kept going up while retail gas prices were kept down. When these finally caught up, oil crashed in 2008. That said, nat gas prices should edge up because of the season -g- This DOE chart is totally weird, consumer price is close to the highs and is not reflecting the sharp wholesale drop at all! I would not expect residential prices to actually go up, but they sure did. Commercial priced are not as low as they should be, either. This creates a natural barrier to increased consumption. Somebody is reaping huge profits on the difference and refuses to cut them, because they can. You have to heat the house, no way around it.

To: DebtBomb who wrote (24396)	11/18/2009 12:44:44 PM
From: Tommaso	2 Recommendations Read Replies (3) \| Respond to of 71450

It became clear about a year ago that the new horizontal drilling and fracking methods in tight shales, of which there are beds that are thousands of square miles in area and all over the United States, especially in the East, are making available immense new supplies of natural gas inside the United States. Oil has to be imported in large amounts. This is terrifically good news for tar sands operations, which need gas for extraction and upgrading. It's hard to see how anyone on SI can have missed this story.