Big Dog's Boom Boom Room Message Board

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

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To: quehubo who wrote (27281)	11/20/2003 11:38:55 PM
From: pls418	Read Replies (2) of 206249

quehubo, I really like reading your posts. But I've got to say you're in and out and change your mind faster then anyone I know at least on the margin end of it. <g> I've got one question and one statement. The question is,If oil prices continue to rise doesn't that have to raise ng(less demand for fuel oil , more demand for ng)? As much as I respect Big Dog this time I think he at least for the short term has it wrong(It's the price of oil stupid)and the reason being everyone thinks the price is going to fall big time and some of the reasons are:Iraq, countries pulling out of OPEC, Russia increasing production, OPEC falling apart,ect.,ect.,ect. and isn't it in OPEC's best interest to keep this line of thinking going?(high prices and everyone a scared to drill) I'm fully invested going into winter but nothing is going to change other than a short blip up due to cold weather until investors and oil companies focus on the ng decline rates and somehow become confident that higher energy prices are here to stay for at least a while. Keep up the great posts. Steve

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