agree tradingbull, there has been some crazy money thrown around the US recently to acquire shale oil/gas acreage, one only has to look at the recent BHP acquisition to see how much money is flying around the sector, once the market catches on to the possible MAE deal it will be driven higher.
many believe if Obama wins re-election in the US for another term there are going to be significant tax benefits for clean energy developers hence the money flowing into the gas sector at the moment.
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