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Re: Frank Pembleton post# 16352

Monday, 07/10/2006 10:38:53 PM

Monday, July 10, 2006 10:38:53 PM

Post# of 19037
I am actually hoping form sub $5.00 natgas for 2 months to clear the storage glut. 2 months of pain at sub $5.00 would be fine with me if it would clear the glut (i.e. all the power generators would switch from coal to natgas, and 2 months of added use would clear it).

Most of my natgas investments are via working interests. Have no problem getting only $4.60 for a few months in return for much higher prices after the glut is cleared, and fears of a cold winter sink in around Nov/Dec.

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