>>what is the "ng play"?<< 6 months back there was concern that gas storage would be full and nat gas prices would go sub $3. Production declines have been greater than expected and reserve additions have lagged due to low drilling. Gas prices are $5+ now. The play is buy domestic gas producers for the impending revenue/cashflow/profit surge. Domestic drillers should also benefit as higher prices should spur more drilling in North America.
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