I watch the relationship between oil and natural gas. It has traditionally replicated a marriage: some ups and some downs but pretty much in touch with one another . That just isn't the case today: it's a divorce.
On a BTU comparison, natural gas has never looked better as an alternative energy. Yet, the price continues to collapse. Why? simply supply.
The divorce rate is somewhere between 50 and 55% for first time marriages and much higher for multiple times around. Pessimism is deserved. But does that keep somebody from getting married again? Of course not. That's why the divorce rate is significantly higher for subsequent marriages.
And, investing in natural gas just may be the same. It's one failed investment opportunity after another.
Too many crabs. Too many crabs. Too many crabs. I'll stay on the sidelines.
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