Growth in U.S. Natural Gas Production Expected to Reverse [View article]
You are forgetting one factor, and that's demand. Natural Gas prices aren't going to rise just because there is a major cutback in production. We are in a viscous cycle right now in the Natural Gas world. When demand rises production far exceeds demand causing a surplus, which in turn causes a dramatic fall in prices, even more so if demand falls as it did in the end of 2008.
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On Dec 23 09:03 PM DrT wrote:
> all true but nothing new.