NEW YORK ( TheStreet) -- Let's face it; these are not the best of times for companies that produce natural gas as well as oil. When natural gas prices dropped below $2 per thousand cubic feet (MCF), investors almost panicked.
We've heard stories that the industry is producing more natural gas then there are facilities in which to store it. Some claim that the disparity between demand and production is on the level of 3 billion cubic feet per day. Can demand suddenly take up that kind of slack?
Then there are the issues about the nation's second-largest producer of natural gas, Chesapeake Energy (CHK). They've been making mostly negative headline financial news almost daily, and this has done further damage to the natural gas story.
It's Often Darkest Right before the Dawn
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