hmmm (I think that Sue's $14,800 purchase of a few shares is something she can handle with ease;
and it gives a bit of confidence to the insider's buying list).
Good post Bouli on the Reservoir aspect; i didn't know they had to be drawn down that much.
Can't help but wonder: of all the new usa shale gas reserves: what percent of that land has been drilled in the last few years? would it be say 1% ? What percent has been produced? would it be say a tenth of a percent? So there is going to be a heck of a glut of gas for the next ten years, wouldn't you think?
Already, there are a few reports that some companies are trying to pull back their drilling, because the economics are getting very slim at these nat gas prices. Am trying to understand why nat gas prices would take a jump in the near future.
Whereas, oil is volatile because if democracy ever came to Saudi Arabia, can you imagine how oil prices would jump? Or Isreal and Usa decided to remove a few nuclear facilities in Iran? But natural gas? Just can't see a jump in nat gas prices.