"On its conference call today, natural gas producer Chesapeake Energy (CHK) was pretty bullish on the outlook for natural gas (UNG).
They're expanding production and will continue to do so for years, and believe that gas production will come down 'in the months and quarters ahead', starting in the fourth quarter of 2009, and extending into an 'absolute trough of production some time in the first half of 2011.'"
Disclosure: SIMM owns Chesapeake
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