Elliott

Land Driller Gains Unsustainable

Nat gas drillers will be more profitable. Look at 2010 futures, they are at $7, a profitable price. Drillers have been locking in hedges and futures at that price, and should have a good 2010. Don't let the current $4 spot price fool you. Even if the spot price in 2010 stays at $4, it won't matter to the drillers, they will have locked in $7.