Natural Gas

Talking with my old coworker recently about Natural Gas.  He pointed out to me that prices seem to rally in the fall/early winter each year, which, after I took a look at the graphs does hold true (minus 2008).  The main problem with natural gas has been of course the supply story.  The supply of stemming from new wells has far outstripped demand (which has been basically stagnant)  and prices have crashed.  The WSJ wrote about this in their Energy Investing section last week.  Could the tide be turning?  The future of the graph below which shows the number of horizontal drill wells will tell.

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