A blob about economics, oil, natural gas and other industries.
Tuesday, October 20, 2009
OUCH! OUCH! Natgas Production SKYROCKETS!
Look at the graphs! OUCH! This will lead to 20-30bcf a WEEK increase in injections or a decrease in withdrawals. OUCH! There is no way the market can have a decent price and have this type of production increase. OUCH!
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