To: freekitty
It means they are selling off their stockpiles they held waiting for the prices to go up because they do not want to deal with the government regulators so there is more stock and gas is cheaper.
14 posted on
07/13/2009 1:41:59 PM PDT by
FromLori
(FromLori)
To: FromLori
So they don’t expect recovery anytime in the near future?
40 posted on
07/13/2009 2:05:05 PM PDT by
freekitty
(Give me back my conservative vote.)
To: FromLori
The open interest in futures has little to do with the stockpiles of the commodity.
47 posted on
07/13/2009 2:15:40 PM PDT by
Jacquerie
(That to secure these Rights, Governments are instituted among Men.)
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