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Oxford Resource Partners, LP Co Message Board

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  • nickspinner@sbcglobal.net nickspinner May 29, 2012 3:56 PM Flag

    Coal Seen As Staging a Comeback as NG Prices Rise

    Nat gas prices are starting to DROP, dude.

    • jackhiller@ymail.com jackhiller May 29, 2012 4:18 PM Flag

      Hey dude, prices go up and down all of the time, so your eyeballs are only looking at the ticker, thay are by now loose. If you are watching the tics as a loosing commodities player, that's your problem.

      The fact is that NG moved up over its lows under $2, and with rig counts down, and NG Liquids down, NG production will not keep up with increased demand. Moast of the fracked shale production of NG had a break even over $4, and coal OXF coal is cheaper than gas over $3.

 
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