NG market 2014-2015I wanted to add one point. I have charted the rig count in the U.S for about 4 years and you know that I follow the storage and the pipeline build outs etc. That's basically the main thrust of my posts on the BIR board. I have a friend who asks me about the NG market from time to time. Whenever I talk of falling rig counts and an aging well demographic his eyes glaze over and I get the feeling he thinks I'm deluded. It is impossible to shake his belief that NG is abundant, possibly infinite, and that prices will always remain low. I sometimes wonder why he even asks or that I try to explain it. I think it' s the perception that most people have of this market. Even when I watch BIR go up, I am sometimes of the opinion that this is too good to be true; but that is the effect those other people have on me. I have to be careful that they do not talk me out of my position. In actual fact I believe that BIR is still quite undervalued and so are a lot of other NG companies. If anything, we are now approaching the crisis zone where the decline in drilling combined with older less productive wells will be at its maximum influence. Also remember that in a time of tight supply (in a deregulated industry) the producer is no longer selling exclusively to a pipeline. Now he has the choice to sell it to industrial users, LDC’s (local distribution companies), marketers, pipelines and utilities. This gives NG producers quite a bit of pricing power. But in spite of what I say a lot of people will be slow to appreciate this changing situation.