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Message: Re: NG to hold 4$

Jun 15, 2009 06:28AM

Jun 15, 2009 07:20AM

Jun 15, 2009 08:19AM

Jun 15, 2009 08:34AM

The one other significant disconnect that will boost QEC whenever it straightens out is the price of NG to the price of oil. Based on energy equivlancy with oil at $70 per barrel NG should be at around $10-12. The peak oil theory as it takes hold with the world pulling out of recession and demand for oil going up should further benefit NG prices. It makes Binnion's statement that they can be economic at $4 all the more significant for the future sp of QEC as $4 looks to be a bottom.

Inceptus


Jun 15, 2009 04:35PM
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