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


To: clochard who wrote (158759)10/21/2011 3:08:01 PM
From: profile_14  Read Replies (1) | Respond to of 206099
 
" but I am now questioning my faith in any industry being able to execute the most simple plans."

There's a broad swipe... Nice...

I think the problem is not with industry executing -- as reserves have grown tremendously and shale has been nothing short of a success (as evidenced by the low NG prices and import reductions, if nothing else) -- as it has been with government permitting the industry to expand and flourish without inordinate, let's call it, restrictions from obstructionists meddling in politics and special causes. At $3.50, I think one would be nuts to be short NG. Don't have to be involved as the price might be low for a while, but not short into winter. JMVHO.