The Market is Severely Undervaluing Natural Gas
Feb 25th, 2008 | By Chris Mayer | Category: Commodities, Energy, Housing
The commodity market is no different than an old fish market. When the fishermen have a lot of salmon sitting on ice, they drop the price to get rid of it. During the warm winter of 2008, a lot of natural gas is “sitting on ice,” which means its price ...read more
