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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (3961)11/14/2001 12:17:48 PM
From: Cogito Ergo Sum   of 36161
 
frank,
The whole assumption of using NG for baseline generation tells me the T/Os
regardless of what analysts say the new plants that have been built are gas not coal, aren't they a lot cheaper to put up and preferable for the next environmental dustup ? So if push comes to shove coal is going to be there but NG seems to be the fuel of choice for the future for a variety of reasons so I don't disagree.

Regardless of that I'm thinking coal here in terms of the word 'stable' just as a 'part' of an income generating portfolio. I thought about coal quite a while back when we all did. It's been on the back burner <g> until you just reminded me. I can't put all them eggs in the NG basket.

regards
Kastel
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