Chris McGill Quotations

I think everyone in the industry realizes the days of $3 to $4 (natural) gas are behind us.

Right now we have a supply picture that is fully utilized, even with record wells drilled, record rigs,

If there are facilities on shore that are underwater ... it will impede the movement of gas or oil.

Call it supply constraints or whatever, we have a natural gas market that is tight. We're meeting demand but at significantly higher prices.

The volatility we see in the marketplace is going to continue,

They would have been impacted by the waves and rain but not by the blunt force. There will be parts of the Gulf where they will be up and running in 48 hours, but there will be other extremes of structural damage that may take weeks or months to repair.

For the last four years, natural gas costs have been going up. The industry is inevitably looking at another increase this year. Prices to acquire natural gas have increased substantially.