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

To: t4texas who wrote (178164)4/26/2013 10:47:27 AM
From: MIRU1 Recommendation  Read Replies (1) | Respond to of 206185
 
there is plenty of ng supply ready to be tapped into the market

t4, I am skeptical of this threat. While there may be completion costs as a barrier, once drilling costs are expensed it costs relatively nothing to produce gas and God knows most of these gas-oriented E&P outfits need the cash flow. In other words it may take $5 to drill, but just to produce, $3 is OK.


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