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Gold/Mining/Energy : Oil & Gas Price Economics

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To: Ed Ajootian who started this subject12/6/2000 6:22:14 PM
From: rajaggs   of 350
 
Natural gas prices still on the increase.
Despite a slightly smaller than expected draw down in storage totals, NYMEX went over US$8 today for January in daytime futures trading and in after hours trading, spot NG went over US$9.

Things looking difficult for NG-driven utilities to find enough fuel to last through this winter. It may well be that no matter the price, the NG supply is simply not available.

'jaggs
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