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DewDiligence

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DewDiligence

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Re: old man post# 64

Tuesday, 06/09/2009 10:01:20 AM

Tuesday, June 09, 2009 10:01:20 AM

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The oil/NG price ratio is at a two-decade high of ~18x (~$68/bbl for WTI and ~$3.70/MBTU for domestic NG). This ratio is unsustainable, IMO, and will fall back to the 8-10x range in due course.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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