kapkomet Posted July 25, 2006 Share Posted July 25, 2006 http://news.yahoo.com/s/nm/20060723/bs_nm/...xas_drilling_dc Yep - lots of drilling going on around here. There's about 4 derricks within 2 miles of me. Natural gas has actually gone down in price lately, compared to last summer's highs. When do the hurricanes get here again? Link to comment Share on other sites More sharing options...
southsider2k5 Posted July 25, 2006 Share Posted July 25, 2006 The interesting thing is that natural gas year over year has experienced basically a zero price change. That's right, it hasn't gone ANYWHERE, while crude is up around 50%. That folks is what you call speculation and terror premium. Link to comment Share on other sites More sharing options...
Mplssoxfan Posted July 25, 2006 Share Posted July 25, 2006 Am I the only one who chuckled when I read the article about drilling near Dallas and found a couple of quotes from an engineer named Jay Ewing? Link to comment Share on other sites More sharing options...
Balta1701 Posted July 25, 2006 Share Posted July 25, 2006 QUOTE(southsider2k5 @ Jul 25, 2006 -> 05:11 AM) The interesting thing is that natural gas year over year has experienced basically a zero price change. That's right, it hasn't gone ANYWHERE, while crude is up around 50%. That folks is what you call speculation and terror premium. And more rapid demand growth than supply growth. Link to comment Share on other sites More sharing options...
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