SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: schrodingers_cat who wrote (4835)10/28/2001 3:09:57 PM
From: Second_Titan   of 206209
 
Schrodinger -

I hope the demand in part is coming from plants that waiting for prices to drop and then locked in prices. If you face bankruptcy because you could not operate with $5 NG, would you jump on the recent opportunity to lock i prices, or just risk one more Winter that might finish you off if you cant operate.

I suspect some companies are throttling production, in contrast to Q1 when they did everything to maximize production. But I understand the easy gas was nailed in Q4 & q1 and that is why production has been declining for some time. I speculated before that production peak in the beginning of Q2 and has been declining through Q2 & Q3.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext