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That does not mean the short term (this year or next or the next) you couldn't see a spike due to lower production. But don't expect it to be a long term spike as those wells will be turned back on as fast as companies are turning on the oil spigot now

Given that the "oil spigot" has yet to become self funding for most companies, just where is the money supposed to come to "turn on" these ng wells? Then there is the additional problems of rigs i.e. if they are drilling for oil they aren't drilling for ng.

Also, at some point (fairly soon) expect Russia and Europe to start exploiting their shale plays heavily too.

Short time as in decades?

Otherwise color me skeptical.

I have no idea when the supply/demand dynamics might change, but I'd be willing to wager, when it does, things will overshoot like they usually do and the fix will require some time as well.

To me that is an argument for some exposure although just how much is a bit trickier. :<)

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