Any thoughts on Nat gas?...A couple of years ago I was heavy into nat gas,but the big move never came.My belief was that since all new homes would be heated by nat gas (not heating oil),and factories were gonna switch to nat gas from oil(due to much lower price, the demand and price increase would be there.(pretty smart,eh?...WELL WE ALL KNOW WHAT CAME OF THAT GREAT IDEA..
But now I'm intrigued by just how low this can go.We are now at/near prices where many gas wells could be shut down.Will that provide a base,and at what price point.I am not trying to catch a bottom (never again),but have two general questions..
1, do you have any thoughts on price ranges, (I am aware of the seasonal aspect of the price ) 2, At some point I would like to sign a long term gas contract for my home and business,..does anyone have any thoughts/experiences on these gas contracts....thanks again to all,happy st pats day