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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (86349)1/25/2012 1:53:38 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 217847
 
A $1 Handle For Natural Gas?

(personally I do not think so- it will linger between $2.3 to $3.7 for a year due to oversupply - coal should drop to the $60 to $75 range MT ARA as more utilities will install NG turbines in combined cycle formation with 56% to 61% efficiency)

Gas producer EQT ( EQT) is shutting down production in the Huron natural gas basin. Couple this with a recent statement from T. Boone Pickens that natural gas ( UNG) is heading to a $1 handle and it is no surprise the brakes are coming down.

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