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alwright

02/25/10 7:37 AM

#200776 RE: mugwump #200756

mug..thanks for that report. Bodes well for ERHC, BUT, I heat with gas and am enjoying unusually low rates. These rates help offset the very big increase in my elect. Everybodies elect. has increased signicantly because of a "green" bill passed by Congress couple years ago. It is just starting.

midtieroil

02/25/10 10:06 AM

#200831 RE: mugwump #200756

What a ridiculous article that is. Gas supplies always go down in the winter and up in the summer. We won't know if there is still a US gas glut until we move into the next winter and look at the natural gas in storage as well as the natural gas prices. I know the oil and gas companies are back to aggressively leasing and drilling shale acreage, those wells are prolific producers and those reserves can be brought on line quickly. I don't think the US natural gas market has much if anything to do with what happens with the Chinese in W Afria though.