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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Big Dog who started this subject	3/12/2003 5:44:00 PM
From: quehubo	of 206151

Energy use has been very high so far this year. Even last week with normal weather demand is way up from last year. NG & Oil use is very high and is not all going into electricity. Nukes are down hard now and this will support NG demand. If we hit 125 this week and 100~ next week there is something wrong. For the expected HDD we should not be drawing much more than 35 next week. The draws today were quite amazing, I dont know where the hell OPECs shipments are going, but they should have arrived at least two weeks ago. I added some NBR today. If we get the 100 bcf draw next week, a bullish weather forecast and last but not least perhaps a more agreeable market we should bounce off this point in the OSX.

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