How many times have you posted this this year? About 20? This is old news - It already happened.
Is just incentive to cap more wells and not drill new ones. Also, that ruling is also just on Federal land, not private.
Your broker could still be right. NG price was up about $0.10 last week. Now we've got Jonas, so who knows... At some point the big boys will run NG up anyway. Just have to wait until that happens.
As it has for so many years. Would not be surprised to see it do a reverse split also, as UGAZ did. Got to keep them matched up!
Since NG is a byproduct of oil production, lower oil prices on oil will slow oil (and NG) production. Win for longs. Lose for you.