kd2000

5 Reasons Natural Gas Is Poised to Bounce Back

The main point here there is no real shortage of natural gas or is it ? Reducing supply and then increasing supply on need will only cause a temporary jump in price!! Basically if you don't time and sell the commodity, it will drop back again when supply meets demand again! The last jumps and spikes were because three reasons
1. Easy money supply, and
2. Artificially inflated prices because of lot of money chasing commodities in general.
3. Stupid fear that we are running out of OIL, so gas and coal are next best resources. There never was real shortage of OIL either. Refiners just did not want to refine. High OIL price was a bubble in itself. Even at $50 it is a mini rebound bubble.

I see neither of those conditions in next 5 to 10 years. This economy was leveraged several trillions of dollars! who thinks here that kind of binge spending is coming back again.