The Growing Gap Between Oil/NatGas Prices & What it Means for M-U
Ever hear of something called the oil-to-gas price ratio? It's a simple concept. You take the price at which oil is trading per barrel, and compare it to the price of natural gas trading per MMBtu (million BTUs). What can that ratio tell us about the natural gas market in general, and the Marcellus/Utica gas market in particular?
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