MAE marion energy limited
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re: gas prices 3JD3 - Thnx for this.From your post...There were...

  1. gonesolow
    667 Posts.
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    05/02/09
    14:38
    Post #: 4764650
    re: gas prices 3JD3 - Thnx for this.

    From your post...
    There were 1,150 gas rigs operating in the U.S. for the week ended Jan. 30, down from 1,606 in the week ended Sept. 12, which was the highest since at least July 1987, according to Baker Hughes Inc. data.

    This is a 30% drop in operating gas rigs. Is this correct and if so why do you think so many were taken out of action?

    do you have more analysis on this or a web address?
    MAE Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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