Patriot Coal Corporation (fka PCXCQ)

[mwilmington]

MORE ON Natural Gas ..NOT HARDLY!!

As I've stated. The links I post are The actual story (with no funky links) Here's an interesting tid-bit. It's recent.


http://247wallst.com/2012/06/27/exxons-natural-gas-confession-bad-for-all-maybe-an-earnings-warning-xom-chk-bp-eca-cop-dvn-eog-apc-upl-str-ung/

Although the "EIA" puts out fiarly good info. Other factors to concider are production cost which they rarerly take into account in a meaningful manner. Another is unforseen court rulings. To witt: John and Mary Butler vs. Charles Powers ((State of Pennsylvania)) This could send shockwaves through the Shale gas industry "And They are watching this one" Next check out what the USGS (US Goelogical Survey) recently stated about Fracking going on in Oklahoma and the earth tremmors there. If Uncle Sam throws the brakes on most of the Fracking going on. I wonder what that scrambel is going to look like. Finally just recently ''sorry can't remember off hand where it was" I think mabey VA.or PA one of those Fraking Companies did a court settlement on water polution paid out a bunch of bucks. Now Fracking's probably ok out in the western regions with low populations but in the Eastern part of the U.S. It's Dicey to say the least..

Thanks

MW