Quote:
Originally Posted by chemgear
Wait, what? Have you guys looked at where storage levels are already right now? Even as we move into the time of year when gas storage levels normally increases even further? (Note: as always, I'm just a numbers kind of guy who can totally wrong as the next person).
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My thought process is that we are low enough now that it may be cheaper to pay the penalties and start shutting in large volumes of wells. That wouldn't raise the prices, but it would stop the fall in prices. At least in my uninformed opinion.