Replies to post #660 on Gasco Energy, Inc.(fka GSXN)

[jefrank]

Lot of major natural gas suppliers have cut back production to encourage a price increase. Obama is a ignorant moron IMO. He has destroyed so much.

[jefrank]

Companies had to cut back production because it was stated by many that the production cost is more then wholesale cost. So prices will correct in time IMO. But there are other factors that fall into play when price of natural gas goes up to where they need it for profit. One of those factors is when natural gas prices rise it makes other less expensive fuel sources more popular. the EPA is the friend to natural gas so that is a plus at least.