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Message: natural gas

natural gas

posted on Jun 06, 2008 06:38AM

The price is now up to $12.71. Two weeks ago, it was ten bucks or less. If this isn´t a bubble, I feel sorrow for the average guy when winter comes. The thing is, there´s no such thing as ¨peak gas¨. I guess gas is riding along on the oil price. Regardless, it´s a good time to be in energy. This is also another puzzling thing about MEO´s sp. Something´s wrong here. I´m betting there´s share dilution in the works. It´s the only thing that makes sense. I had a gas explorer in Canada, a few weeks ago it went from 65 cents to over 6 bucks just because they got a contract to drill ONE WELL! With no gurantees that they´d find anything. MEO supposedly DOES find gas, and the sp drifts down. It´s gotta be big time dilution coming . What the heck else could account for it?

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