C CET May 7, 2009 #2 A big surplus at the moment. NG only moved up because of oil, as the speculators are flooding back into energy.
A big surplus at the moment. NG only moved up because of oil, as the speculators are flooding back into energy.
L Landis82 May 7, 2009 #3 So many of these Nat-Gas drillers are way ahead of themselves . . . PTEN and HP. In fact, PTEN had an average of only 69 rigs working during the month of April, down from 92 in March. Huge shorts in my opinion.
So many of these Nat-Gas drillers are way ahead of themselves . . . PTEN and HP. In fact, PTEN had an average of only 69 rigs working during the month of April, down from 92 in March. Huge shorts in my opinion.
