mekats

Plenty of Natural Gas: Exploration and Production Companies Keep Increasing Oversupply

another nat gas expert......just watch storage and production and you have all the answers. author conveniently overlooks the years of lead time involved in the capital decisions to drill, develop, hookup wells, pipelines, etc. E&P companies try not to turn it on and off like a light switch which paper shuffling analysts would recommend as optimal "economic behavior". After buying your puts you may be treated to a lesson in self correcting economics as reduced drilling and depletion "take care" of soft demand and low prices.

Plenty of Natural Gas: Exploration and Production Companies Keep Increasing Oversupply

another nat gas expert......just watch storage and production and you have all the answers. author conveniently overlooks the years of lead time involved in the capital decisions to drill, develop, hookup wells, pipelines, etc. E&P companies try not to turn it on and off like a light switch which paper shuffling analysts would recommend as optimal "economic behavior". After buying your puts you may be treated to a lesson in self correcting economics as reduced drilling and depletion "take care" of soft demand and low prices.

Crude Sell-off: Solid Entry Point into U.S. Oil Majors

Fitzman - don't recall your May post referencing a 10 yr timeframe. Thought it was a "going forward" recommendation. The 30%-40% losses in the last month will require a lot of that long term horizon in order to recoup.

Crude Sell-off: Solid Entry Point into U.S. Oil Majors

Re-reading the May 30 post about no need for portfolio diversification is as stunning a contrary indicator that has ever been on SA. Hard to not recall it when reading this one.