With gold trading above USD$1000 per ounce this morning and with more talk from the United Nations about creating a new global reserve currency we had planned on tackling that subject this morning.

Instead no sooner had we settled at our desk in our office overlooking Fitzroy Street in St. Kilda than Diggers & Drillers editor Dan Denning burst through the door shouting “tight gas!”

Naturally your editor’s first instinct was to reach into the top drawer of our desk for the Rennie indigestion tablets we keep for such emergencies.

“No not that. Woodside CEO Don Voelte has taken a swipe at CSG [coal seam gas] companies in an interview with the Eureka Report. You may want to take a look at that for Money Morning today” Dan ‘tight gas’Denning explained.

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