ERHC Energy Inc (ERHE)

[RUBY1100]

Spp GAS ????

Spp There is so much gas in the USA and abroad suppliers cannot even store it all - there is a 5 year OVER SUPPLY that is why Gas sells at $5 while OIL sells at $70+ - NATGAS sold at $2.50 just a few months back.

You Said ....
<<<But on a global basis, gas is a commodity as scarce and precious as ever....and becoming even more so in the immediate years ahead>>>

What DeerRun did not say is that at $5 there is LIMITED profit currently to drill and produce NatGas even with commercial quantities - especially in Deep water. Land based NatGas costs $3-5 to drill and with deep water the costs to produce goes even higher.

That's wonderful we did not DRY Hole and found huge GAS but ....

How will we justify our MktCap with Mostly GAS and Limited OIL

WE NEED BIG OIL !!!! F* the GAS