% | $
Quotes you view appear here for quick access.

San Juan Basin Royalty Trust Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • nomowk nomowk Aug 14, 2001 11:08 AM Flag

    drilling fails to hike output

    Thank you for the reply. Is it not "prudent" to pay the lowest price for an asset no matter what the long term outlook happens to be? NG on a world scale is overly abundant, getting it to the user, at least in the US, is the problem. They still flare off NG in most of the world, as they did for many years here. Should the price stay at current levels, or rise above those levels, for a plolonged time, we will see more activity associated with delivering NG from foreign sources. Give OPEC a chance to move into the market, and I assure you they will dominate. JMHO.
    Have a nice day.

6.55+0.02(+0.31%)May 25 4:02 PMEDT