RE: Divergence between oil and Nat gas:With $100+ oil and a declining $USD, there is little downside to NG no matter how they manipulate especially NG is already so low. NG producers increased production last year upto DEC 2010 when oil was trading between $70 to $90 but for most part of 2010 between $70 and $80. Large NG producers which hedged their entire production in 2011 did not account for the increase in cost due to high oil and gasoline prices and low USD. Since they hedged their production so cheaply, they cannot make money or even have to lose money producing NG this year. Therefore, it's not likely they will inject the same level of NG into storage this year. As production decreases and inflation due to USD devaluation, NG should go up this year. I don't understand why the MMs are shorting at this level since there isn't much downside but how long can they suppress NG at this low price.