Natural Gas Companies' Production
Even though prices for natural gas have fallen, natural gas companies continue to drill.
The consequence, as with any sector experiencing falling prices, is profits are under pressure from the practice.
The reasoning behind continuing to drill is the cold winter cut into natural gas stockpiles, which are now down by about 4 percent from levels in 2009, and the unemployment rate numbers showing some slight improvement.
I would throw out the unemployment numbers (even if they could be trusted), as they have been bouncing around for some time, and all data point to very little, if any, jobs being created by businesses in the U.S. at this time.
Natural Gas Companies' Production
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