....just before CNBC started mentioning it, I noticed that natural gas had gone up 9 cents/Mcf. Just after I noticed that, one of the CNBC talking heads said there was a mini-rally in natural gas today.
By the way, many of the Bakken companies reported losses in derivatives, no doubt due to the high price of spot oil during the past several weeks. It's possible that the price of oil coming down below the ceiling that these companies have set, and the "mini-rally" in natural gas just might be a huge positive for Bakken companies.
Just idle chatter.
Natural gas is up 10 cents on the day (at the moment).