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San Juan Basin Royalty Trust Message Board

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  • hotpanera2 hotpanera2 Mar 31, 2006 4:59 PM Flag

    NGas huge drawdown

    I have a lot of respect for Pickens. But, someone correct me if I'm wrong, when NG was near $15, I don't recall him predicting a more than 50% decline if 1 winter month turned out to be mild. That would have been some prediction. I do remember him speaking of a risk of going to 7 or lower once we were at 8 or so. I could be wrong and would really like to hear the facts. Thanks.

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