Hi Trades,
Thanks !!!
You follow the Ng stocks, at least in the ETF you charted. I probably should - as follows ...
It seems the Ng stocks are still doing pretty well even with the current, low Ng prices. Seems they are still "making money" at these prices and may still be room for Ng price to move lower still???
I have read that there is a "drilling shift" toward oil and liquids areas, but they are still producing lots of dry gas !!!
Any thoughts.
I am really starting to wonder if there is anything out there in the shorter term that would tend to push Ng prices up !!???? The producers seem quite happy bringing up all the gas they can from the holes they have already drilled at the moment !!???
They may start to shift their drilling focus but that will take some time to show up in price I would think ???
Thanks, Lee