This outtake from your last link says alot.
Marshall Adkins, an energy analyst at Raymond James & Associates Inc. in Houston, said yesterday in a telephone interview. “The weather exacerbated the problem but when gas supply is up 8 to 10 percent year-on-year you’re going to have a problem.”
The Problem 1?.....What is the problem with falling prices? Production creates demand.
Adkins...goes on to posit when gas supply is up 8 to 10% year on year, your going to have a problem....
This Problem 2, is that the analysts and bankers have been had, by Supply and Demand...they dont like Supply and demand, they and the quantitative economists who work in such places,
Prefer Contrivances better....as its within the contrivance of prices, that plans come together.
Plans which can be authenticated as trade scenarios, engineered for planned outcomes, normally resulting in churn of other peoples money.....
the gas supply is going to continue to grow, the rate of which will be a function of the counterprogram against the meta Peak oil contrivance which is being replaced.
The only thing standing between a falling NG price, low energy prices for consumers, is the next contrivance. |
