ArtM72 dateline='<a href="tel:1472523424">1472523424</a>' Wrote:
Palm dateline='<a href="tel:1472521339">1472521339</a>' Wrote: What "cycle" are you referring to Puts? NG prices are going nowhere soon. Production at historic highs as well as storage inventories. Expectations are prices to bump along. Where is Exxon saying they see rising prices?Early 2020s the supply demand imbalance flips. old news from authoritative sources.Palm. You know that, but then you've gone to the dark side.
Too bad we have markets where people can make money by helping to burn down their neighbors' houses.
Sorry Art, but see above post. Very current data says gas prices stay quite moderate. Recent reports by IEA state through 2040 NG production will rise 61%. New sources of NG and improved technology are expected to keep prices moderate historically. Please stop with the "Dark Side" crap. Reality is reality; sticking head in sand is where the Dark Side is. Your model is the outdated one.
What are your expectations on how this Exxon buyout proposal will go?