Natural gas producers are sharply higher premarket in the wake of Chesapeake's (CHK +5.4%)...

This news story has 5 comments:

Register or Login to rate comments »

buyitcheap Comments (1817)
 
Well, we were looking for a catalyst... and a cutback would be one. :-)
23 Jan 2012, 09:43 AM Reply Like

North Pack Comments (39)
 
Only a matter of time, in fact I'm surprised it took so long.
23 Jan 2012, 10:47 AM Reply Like

ampirical Comments (2)
 
Retired Naval Officer, intelligence, nuc weapons, command at sea background. After retirement ... PR and gov't affairs on behalf of electric/energy industry 20 years.......

President's decision delays the pipeline - that's all...... Stocks like WMB WPX very timely for investors now....... I am long...... And planning to buy more on dips.......
23 Jan 2012, 11:02 AM Reply Like

pete123 Comments (885)
 
See the article below for some key numbers:

http://bit.ly/wKB6fR

Quote from article: "An exceptionally mild winter to date has pressured U.S. natural gas prices to levels below our prior expectations and below levels that are economically attractive for developing dry gas plays in the U.S., shale or otherwise." ... CEO Aubrey McClendon said in a statement.
23 Jan 2012, 11:32 AM Reply Like

User 353732 Comments (3920)
 
Until major exports begin, this is the only way for markets to balance.
When US markets are integrated with Asian and European markets via LNG exports these curtailments will not be necessary.
23 Jan 2012, 11:41 AM Reply Like