Saturday, February 23, 2008

Gas Prices To Rise?

In a 2/13/2008 article at "Money and Markets" entitled "Natural Gas Looks Undervalued; Ways to Play It," Sean Brodrick believes that natural gas prices are unusually low compared to oil. If oil stays up, natural gas should also rise to maintain the historic ratio of oil to gas energy costs.

If so, this will make the future of the Barnett Shale even brighter and make cooperative or commercial development even more profitable. Could gas go up 50% or more? I hope so ... at least till I get my electric or gas bill.


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