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Re: fAtnhapy post# 18883

Thursday, 09/23/2010 3:20:35 PM

Thursday, September 23, 2010 3:20:35 PM

Post# of 23619
the natural gas in caddo parish is formadable, there will be a huge push to natural gas in commercial vehicles, my estimate based on the 5 billion that will be going into the program is that natural gas consumption will increase by 10 percent on that alone, given the gas in storage and current flows etc. this will mean that in about 3 years huge drawdowns will become the norm and the value of caddo will skyrocket--dont forget that chk is moving away from natural gas in all futre development, and imho, there will be more consolodation in the services business neaning that w/ the exception of smaller operators, drillers will be able to stay afloat w/ less business hence reversing the current glut in natural gas