we have very few wells on line at this moment and if we get warm summer predictions of winter below norm and the economy having some hopes it will be a perfect storm. (OF COURSE THIS WILL NOT HAPPEN AS LONG AS THE LIBERALS ARE IN CHARGE) vote for trump he has at least accomplished something THIS other guy has made cable tv a item for executive order.
I can only hope your correct that would mean nat gas would be 2.70 to 2.80 the only way that happens is rig count keeps down and we export chk goes bankrupt and Btu goes under all while enjoying a blistering hot may leading into air conditioning season. a lot of ifs.
big boys must be part of this.
This is great news a early spring , Then a hot summer major air conditioning and anhydrous anmonia sales the require nat gas. Thanks for the update.
That's a great idea make a candidate to face off against Hillary that cant even will its own nomination within its own party. I now understand why America is going broke
if you need it to hit $4.00 you might be in for along wait but $2.50 to $2.75 by oct next year is well with in reason. The amount of rigs being shutdown will eventually catch up others will not start at these prices
this will drive the price up because we will use it and they wont drill it because the bk courts will only allow profitable drilling good job obummer
ob um mer likes this . when most oil and gas is on the ropes they propose a 10 a barrel tax. how can this nightmare not be political. politics is what is running this whole nightmare.
I see you must be one of those that don't want facts to get in the way. Im stating a non political fact. The libtards have destroyed the economy and now want higher minimum wages some how all this gubberment cheese and destruction of the economy will weigh on nat gas prices cause you wont use as much. If your long this might matter to you.
unemployment rate is not lowest in 30 years, they got this model these use now its called the real unemployment and its about 12% and why work when he has made collecting gobberment cheese so easy
it really as little to do with over supply as it has to do with what caused over supply. Obummer and the libtards who have destroyed any thing in this country that is industry , their for destroying the jobs that support them hence you don't need to fuel your car to go get your welfare check.
he would love to send more gas exploration companies into bankruptcy just like coal companies. for some reason this man thinks you destroy all the jobs and move all the industry overseas and some how this will boost our economy. I believe we just want to boost welfare that we are good at.
yep we still use nat gas to heat whats left of winter then because Obummer got rid of coal power plants we use it to generate electricity and then after summers airconditioner use we will heat our homes again.