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Linn Energy: A Solid Choice For Income
ATrautmann...only time will tell the direction of commodity pricing, and while I think you're right about oil in the short-term, I don't think your NG bet is correct. NG has been moving contrary to basic commodity prices including oil. In fact, NG has lacked correlation to oil for several years now.
If you look at the inventory numbers, relative supply, replinishment rates, and NG demand, I think you'll see NG is going to continue to be a lone wolf. I have no crystal ball, but that's the way I read it currently and certainly, that's the way the market is behaving currently.
Apr 16, 2013. 04:33 PM
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