The Rising Influence of Rising Affluence

[Democritus_of_Abdera]

Re: Drilling Despite Price Drop...

Dew,

Six months ago I was seriously considering making an investment in the gas exploration industry, but backed away when I became convinced that the industry’s “appetite for growth” would be self defeating (see #msg-41910755). (I was seriously burned by an analogous appetite for growth in the airline industry 10 years ago and am now gun-shy). So, instead I decided to invest in an industry that will profit from prolonged low gas prices (i.e. the natural gas engine business see #msg-45843851).

I continue to suspect that the natural gas producers will sacrifice profit margins to gain market share, as your post suggests (#msg-47187498).