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Environment & Energy

badtoworse

(5,957 posts)

1. Free market manipulation? Try prudent business management.

Reply to jpak (Original post)

Tue Jan 24, 2012, 12:47 PM

Jan 2012

Only a moron would maintain high production levels in an oversupplied market and drive the price lower and lower. The people at Chesapeake are not morons.

At some point, the market price for a product is not worth the cost of producing and selling it. A free market does not require that you do it anyway

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Highlight:

Natural-Gas Futures Extend Gains [View all] jpak Jan 2012 OP

Free market manipulation? Try prudent business management. badtoworse Jan 2012 #1

"Manipulation" would be if they colude with other producers to do the same thing. FBaggins Jan 2012 #2

Chesapeake to cut natural gas production OKIsItJustMe Jan 2012 #3

Marcellus Shale Gas Potential Much Lower than Previously Thought OKIsItJustMe Jan 2012 #4