Comments on: Natural Gas Industry Braces for Impact http://www.contrarianprofits.com/articles/natural-gas-industry-braces-for-impact/20892 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 18 May 2010 05:09:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: chris http://www.contrarianprofits.com/articles/natural-gas-industry-braces-for-impact/20892/comment-page-1#comment-78353 chris Tue, 20 Oct 2009 00:46:20 +0000 http://www.contrarianprofits.com/?p=20892#comment-78353 CONOCO PLUGED THEIR WELL BECAUSE GAS PRICES ARE LOW AND THEY CAN MAKE A PROFIT. THAT DOES NOT MEAN GAS WILL GO DOWN IN PRICE, QUITE THE CONTRARY !!! THIS IS A BULLISH SIGN FOR GAS PRICES BECAUSE IT PUTS A FLOOR ON SUPPLY. YOU TALK ABOUT PRICE IN YOUR ARTICLE WITH NO MENTION OF SUPPLY. IN FACT THEY ARE LINKED, SO DECLINING SUPPLY (AS IS OCCURRING NOW !!!) LEADS TO HIGHER PRICES. FOOL. CONOCO PLUGED THEIR WELL BECAUSE GAS PRICES ARE LOW AND THEY CAN MAKE A PROFIT.

THAT DOES NOT MEAN GAS WILL GO DOWN IN PRICE, QUITE THE CONTRARY !!! THIS IS A BULLISH SIGN FOR GAS PRICES BECAUSE IT PUTS A FLOOR ON SUPPLY.

YOU TALK ABOUT PRICE IN YOUR ARTICLE WITH NO MENTION OF SUPPLY. IN FACT THEY ARE LINKED, SO DECLINING SUPPLY (AS IS OCCURRING NOW !!!) LEADS TO HIGHER PRICES.

FOOL.

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