RE: Serious Perspective on Nat Gas and I read your opinion and see no mention that the vast majority of gas drilled the past few years is of the Shale and fracked variety, Those wells, huge producers in fields like Haynesville have huge production declines of 60-80% after the FIRST yr, did you do your due diligence on that? have you looked at how many rigs are down drilling in Haynesville from a yr ago? This is magnified in many fields across the U.S. What you IMO vastly underestimate is the decline in production in the next 6-18 months. Most compamies have said they will not resume drilling until gas gets to at least $4-5, some $5-6, and funding form banks and/or equity offerings are going to be extremely difficult to come by. IMO it's a classic boom to bust cycles that will see the a return to a more balanced supply/demand dynamic that most think, and we could even have a period of shortage of a yr or so until things get ramped up again. We will see
MK