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Exelon Corporation Message Board

  • flatlander_60048 flatlander_60048 Apr 18, 2013 11:39 AM Flag

    Nat Gas closing in on $4.50 per Mcf

    Price surged up today on the inventory report. The producers have moved rigs off of dry gas plays so I think that we will establish a balance in the $4.50 to $5.00 range. This combined with Coal Burner attrition should allow EXC to improve profitability. Now if the government would just stop subsidizing wind energy the market mechanisms could reach a balance on their own.

    FL

 
EXC
31.94-0.11(-0.34%)Jul 6 4:01 PMEDT