A Contrarian View on Natural Gas- will efficiency in drilling trump reduction in rig count?
Just how much natural gas is available in the U.S. market is a subject of intense analysis and controversial debate. In December, the prestigious scientific journal, Nature published an article, Natural gas: The fracking fallacy. The gist of the article was that The United States is banking on decades of abundant natural gas to power its economic resurgence. That may be wishful thinking. From our perspective, this may be a solid trading opportunity as natural gas is trading at the lowest price in 15 years and several factors may be converging to reverse this secular decline in price when most pundits are least expecting it. Natural … Read more