29.05.2009 - U.S. natural gas: A coiled spring

From Salidacapital.com: It’s difficult to look at a chart of U.S. natural gas prices (combined with the resulting collapse in rig counts) and not be at least a little bit intrigued. To say that prices have corrected is a major understatement. Bloodbath comes to mind. Yet, is the fundamental backdrop for gas that much worse than for crude oil, which has performed remarkably well since mid-February? Arguably not. Certainly gas continues to be a laggard — but for how long?......Full Article: Source

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