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Message
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Posted on 10/12/12 at 9:50 am to Golfer
quote:
This isn't good for industries that use NG as a source of power...
It's still stupid cheap.
It's a big net gain for America.
Posted on 10/12/12 at 10:54 am to Golfer
quote:
This isn't good for industries that use NG as a source of power...
It was too cheap to be sustained...you need $6-7 minimum avg to sustain shale exploration which created the glut that led to $2.50. At the end of the day it's a win for the US consumer....without the $6-7 for shale gas you'd be paying $15/M from conventional and LNG import.
Posted on 10/12/12 at 8:33 pm to Golfer
quote:
This isn't good for industries that use NG as a source of power...
Like the ones up and down MS river
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