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judyken
08-21-2007, 9:33 AM | Post #2428344
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somebody is loosing their pocket change.
Originally posted in thread: 601
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jaymes55
08-22-2007, 8:59 AM | Post #2428743
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is not necessarily a good thing. At least not long term. The US has good NG assets (eg. Barnett Shale). However, it appears to generally not be economic to produce when the price is less than $6.
Originally posted in thread: 601
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Natural Gas now $5.80 and Oil is
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judyken
08-22-2007, 12:53 PM | Post #2428834
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down to $69.00/Bbl. I'm now wondering if there are Hedge Funds which are unwinding their positions to cover redemptions?
The drillers and pipelines are down only slightly.
Originally posted in thread: 601
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Related Topics
Fundshedgepipeline
ernie
08-23-2007, 1:24 PM | Post #2429212
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I am sure there were several hedge funds unloading. That and there is not an accelerated demand currently. If you check futures you will see the low prices do not extend out into next year.
Originally posted in thread: 601
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Related Topics
Fundshedgefutures
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