houston.
I don't know either, but looks like there will be oil the next 6 month or so, maybe year, cause now it's not paper driven, it's supply and demand and they have bought+it's a long time underway/transport. The cut from OPEC, well I don't know, they talk. I think that maybe we must prepare for oil near 30$ and maybe we'll se gas around 3-4$ in 2009.
What we have heared Binion say is that QEC is operational,they can live with 30$ oil and 3,5$ NG prices, they have royalties+land. They have a good team(I think), with a good team, you can do a lot.
We don't know the future, but we could hope for a cold winter:)
enjoy the snow:)