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  • lner2512 lner2512 Oct 28, 2011 2:10 AM Flag

    Reality Hurts...The Q Numbers

    Excellent analysis, but does it go far enough? Isn't RRC really a bet on the future? They sit on what is called the second-largest gas play in a world in which energy costs are rising (no, I don't buy the "peak oil" theory) while this country imports energy and fritters away money on green energy that won't be economic for decades.

    I see RRC as a bet that we'll learn to use our own best energy supplies before long. Demand for, and prices for, nat gas will then go up. Profitability in the short term is certainly a plus, better than many early-stage businesses, but the long-term prospects are more important.

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