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Re: Porgie Tirebiter post# 1422

Monday, 04/07/2014 4:01:12 PM

Monday, April 07, 2014 4:01:12 PM

Post# of 13692
NG has gone up some but several big players are setting up to export it for good money - right now oil is gold and until Big Oil "wants" NG to be utilized it will remain in a strangle hold - I have been reading reports of the big NG come back but I am not so sure cause out here where I live we have plenty of both and everyone is drilling for oil - they do get some gas with it but Oil is the focus - it will really surprise me to see NG spurt up -imo what will drive NG back into the money will be when we produce more oil than we can refine and consumption crosses the line as gasoline hits 5-8 bucks a gallon then we see the market react - it is coming as no new refineries are being built and most are running near full capacity - if the economy had any fire to it we would be burning much more fuel but the Government has most of the US stagnant with little growth or job increase -

The belief in a supernatural source of evil is not necessary. Men alone are quite capable of every wickedness.”

Joseph Conrad

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