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

To: Dennis Roth who wrote (180638)	9/18/2013 5:08:40 PM
From: Bearcatbob	Respond to of 206176

Dennis, He stopped his news letter this year. I assumed his subscriber base was approaching zero. I was one who did not renew. Bob

To: Dennis Roth who wrote (180638)	1/18/2014 1:55:13 PM
From: Dennis Roth	1 Recommendation Recommended By evestor Read Replies (3) \| Respond to of 206176

Five Ways to Play the End of the Natural Gas Renaissance: Interview with Bill Powers Posted January 18, 2014 theenergycollective.com *...The Energy Report:* Bill, you published a book six months ago, "Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth," questioning the conventional wisdom of shale gas. Have events supported your thesis? Bill Powers: Yes, absolutely. Several of the predictions I made in the book have come true since the book hit the shelves in July. First, we've seen numerous shale plays head into decline. We've seen big declines from the Haynesville as well as the Barnett. The Fayetteville is in decline; there have been further declines in the Gulf of Mexico and Wyoming... ...I predicted that gas prices would lead to layoffs and industry supply disruptions, and that's already occurred. We've seen paper mills in New Hampshire lay people off because natural gas prices in New England were north of $50/million Btu ($50/MMBtu) for a period and remain very high. We've also seen incredibly high prices in New York, and this is a time of record production coming out of the Marcellus. These are really the first examples of the violent price spikes and industrial shutdowns we will see in other parts of the country.Across the U.S. over the next several years, I predict we will see spikes of very high prices, which will fall back to higher levels than they previously reached. Then, as the next weather event comes, prices will spike to new highs... ==== Good old Bill, he's never wrong...