Getting close to $5.00 per mcf. Will we make it and will it hold?

Would love to hear your thoughts on price outlook.  Would like to hear why you think what you do and not just a cut and paste to EIA.

 

Thanks

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How much real gain is this considering everything else costs more nowadays?
I think adubu's cost estimates are spot on. Industry is preparing to take advantage of abundance of natural gas. We use on average 260-300MMcuft a day in Freeport right now & planning new cracking units to convert to ethane. Our supply is presently coming from the Permian Basin but that's going to change. Eagle Ford areas have contracted as future supplier. LNG plant is building another huge liquification plant & plan for storage in massive salt domes for shipment overseas. I hate to get political but the Feds are holding up permits. When permits for expansion start flowing, demand will increase dramatically.
Bobi, what is your time frame?  Next 6 months or next 6 years?
Bobi---like Les B ask---You ask and some have replied---OK now your turn to reply with your thoughts
Parker---are you going give us your thoughts on price outlook???

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