gas price, page-31

Wizard I believe the natural gas prices that chart shows are not NYMEX US domestic prices but rather the global prices.

ITs a good indicator of how stuffed the US domestic market is compared to the global natural gas market. Also why LNG players in NW shelf and QLD are totally differnt plays to CC utah.

Have a look at the reserves and Sp of thees LNG players in OZ relative to their gas prices and compare them to MAE its prevailing gas price probably 50c less that HH and its RESERVES.

Its clear why MAE is 2 cents