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San Juan Basin Royalty Trust Message Board

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  • nomowk nomowk Jun 27, 2001 12:59 PM Flag

    san juan natural gas price: $2.67

    By the way, I think the reason no one responded to the mcdep question is that they do not give it much credibility.
    I agree the $1.25 distribution for the upcoming year is conservative, but we are seeing prices fall to the low $3 range and inventory is increasing and is now significantly ahead of last year this time. It does appear at this time that prices will continue to fall. Here we are half way into summer and no heat wave yet. If this continues there will be excess inventory at the beginning of next winters season, and pressure on pricing.
    I am definatly in favor of opposing views. NHY and I disagree on many things but none the less, his posts are intelligent and he works hard at outlining his view. I can agree or disagree with posters and still remain civil except when I encounter a rude, irritating, loud mouthed horses ass.
    Have a nice day.

11.00-0.30(-2.65%)Apr 27 4:01 PMEDT