Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (10054)	3/26/2002 6:40:04 PM
From: t4texas	of 36161

when we least expect it, we will get the cold shoulder season. it should happen unless (wasn't russ winter writing about nuke downtime a few months ago?) the nukes all over the states have things like corroded stainless steel pressure caps. i saw that ohio nuke problem made it to the ny times last night. it said the govt. is having all the nukes drop what they are doing and make sure they don't have a similar corrosion problem, etc. that will surely create lots of downtime for the nukes. if problems are found, it won't be a week chore. it could mean months or years of downtime. now wouldn't that be something. so if coal generating power plants are under utilized and arch coal is cutting back deliveries, does it take a long time for them to ramp up the coal generated electric plants with more coal? i don't know the lead times needed. i suppose the markets feel that the ng fired generators can react immediately, and that is correct. so if the nukes go down, i suppose the ng price will depend on the heat this spring and summer. it is not clear to me whether the ng plants installed so far could make up the nuke difference. i wonder what the numbers are.

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