Natural Gas Closing Price at Mid Nov. 2009 $4.63; Recovery of $1.00 Since Mid-September 2009
Consumer spending is beginning to improve. Retail sales during Oct. 2009 were pegged higher.
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Comment by LWC on December 10, 2009 at 10:21
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RAY-T18 is this your formula or is it based on general rule ? As the price today is 5.28--does the lease activity increase when prices go over 5.00?
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Comment by David on November 23, 2009 at 6:02 -
Bloomberg has an article today: Natural Gas Poised to Rebound to $4.70: Technical Analysis.
Opening graf:
Nov. 23 (Bloomberg) -- Natural gas futures are poised to rise near $4.70 per million British thermal units as a critical area of support is formed at $4, according to a technical analysis of trading patterns.
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Comment by RAY on November 19, 2009 at 9:46
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add a $1000 to lease bonus for every dollar gas sells at.
$5 gas = $5,000 bonus
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