Upended by Natural Gas
Natural gas is too low and too unused for our own good.
As I go from conference call to conference call for the capital goods makers, I am struck by how few companies are set up for, or saw, this natural gas plunge coming. Of course the big natural gas companies didn't see it coming. That's understandably obvious as you listen in to the painful ExxonMobil (XOM) conference call where second-guessing is on everyone's mind If XOM were to even give lip service to the surface fuel market for gas then you would feel better, but it is pretty clear from that conference call that they have no idea what to do with the stuff....451 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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