Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : BAK - Investing -- Ignore unavailable to you. Want to Upgrade?

To: Flipper2058 who wrote (2926)	6/9/2012 12:22:25 PM
From: Covenant	2 Recommendations Read Replies (1) \| Respond to of 3249

Re: Two Buck Chuck bouncing like a yoyo Do you have a feeling enough production is being shut down to stabilize prices? What production shut downs? There has been talk of shutdowns. The action has been slight reductions in drilling new NG wells with the rigs being re-deployed to more liquid plays. These more liquid plays result in wells where it takes 1.9 wells to produce the same amount of dry NG as a horizontal well targeting dry NG. This NG is simply a byproduct. Last time I checked, we were setting new NG production records each month. Drill, baby, drill.