Natural gas price destructionNatgas producers shareholders will once again pay the price for letting
their BoDirectors give the green light to expand production beyond what markets can take.
Many of these companies are operating under undisciplined and greedy business culture where
higher production at any cost generates higher volatility in the price of the commodity. With last week rig count, again rising despite european and american storages at full capacity, even long awaited winter cold weather won't give much respite to this flooded market.
Only the disciplined run companies adjusting their capex dollars to market conditions will go through this period without a total collapse of their share price. But it won't be without some pain to be sustained by their shareholders.