This may not be a Bakken story, but it speaks volumes. We've already had a pretty good run-up in oil and gas, and now Mr Icahn doubles his position in Chesapeake, considered by most to be primarily a natural gas company.
I can't remember all I've posted over the past year, but I believe I have posted that my hunch is that the "big boys" know something about natural gas that the rest of us may not be seeing.
Or maybe, again, I'm just looking through rose-colored (oil-covered) glasses.
Link is here.
For those interested in news closer to home, this link also mentions NOG in passing.
Another investor bullish on natural gas at SeekingAlpha, December 27, 2010.
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