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Saturday, January 15, 2011

SeekingAlpha: Another "Bleak" Assessment for Natural Gas -- Not a Bakken Story

Link here.

The bottom line from that article:
Price is low and spreads are tight – so the prospect for a 25% haircut from here to $3.30 is remote. But the prospects for price gains in gas from here through the next two months are bleak to quite bleak and the chance for gas to lose 10% over the next couple of weeks looks real.
No further comment right now.

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