Actually T. Boone Pickens on CNBC several weeks ago guaranteed NG would be over $3/mcf at end of the year... (then they took it down to $2... Err, I was like a sucker play or over reaction to longterm Winter forecast.)
But I wasn't willing to go buy call options either... hedge funds own us... many times I've seen them move it the other way to panic people out then back to the analyst forecasts it goes... stocks or commodities...
Maybe some regulatory stuff by Carson to help us? lol
The new speaker of the House (USA Congress) just said the House is broke and everyone of them clapped... go figure...
Anyway I wonder if Pickens still thinks $3/mcf or Mcf whatever it is....
edit>>> T. Boone said he wasn't ready to call NG yet but guaranteed at the EOY price... (He implied it would be much higher long term (i.e. after EOY) ... I guessed because of LNG (liquid NG) shipments to start soon)...
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