I see more and more so called "experts" acknowledging what the state of Texas, Louisiana, and Pennsylvania and companies like Exxon have been saying for months: PRODUCTION IS GOING DOWN, and has been going down for months. I expect many PUMP and DUMPs next month on the way to $3. Trade it.
did the weather people say a cool summer in US or just in Chicago?
be very careful....
i think that is likely. Demand is thru the roof, once people understand the EIA numbers are fake, NG will be trading much higher. EIA said prices will stay below $4 this year, but that remains to be seen....
i feel they are trying to catch you short...for now, I'm out, waiting on a better play. A drop in the rig count will probably turn things around today...
they couldn't pay the debt when NG was at $6...what will happen at $2?
the so called executives are making millions and they want to continue to do so for as long as possible. I agree, they will keep the output high as long as they keep getting paid millions. But that is a Ponzi scheme and EIA is about to blow it up
while the company is $11 billion in debt and the roughnecks being fired. PONZI scheme
the end is near
probably another huge loss this quarter. They have over $10 billion in debt and sold the Marcellus land to stay afloat. Six more months of NG under $3 and the Ponzi scheme will collapse
the only way to make money is to join the Wall Street Criminals and feed on their crumbs
the Federal employees will be provided free breakfast and lunch during the year long class
the NG companies are heavily in debt with no chance to pay it back. The second quarter is about to end and I think there will be some major losses reported. This is the only way to end the fairy tale EIA Extrapolations.