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TFC Commodity Trading Forum

Re: 'Natural Gas Now Viewed as Safer Bet'

exactly while I was writing here, Natgas came up on 'fastmoney' on cnbc...and they discussed both sides of the arguement for natgas...but it was said that 5 major coal plants have re-tooled recently to burn natgas...
And it was also said that major suppliers would not surface in a big way until the price was more attractive...upwards of 6.50 is what they think...

I think my target of $6 is very reasonable...

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Re: 'Natural Gas Now Viewed as Safer Bet'