10.12.2012 - Why Jim Rogers is not rushing out to buy Natural Gas
Jim Rogers, the legendary commodity investor speculates that he may have a knowledge gap when it comes to shale gas but points out the fact that “ the number of drilling rigs for shale gas (in US) has gone down 75 percent in the last 18 months or so.” The wells are generally short-lived, he said: “they're great for the first 30 days. But by year three or four, they're very expensive to maintain.”..............................................Full Article: Source
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