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Gold/Mining/Energy : Big Dog's Boom Boom Room
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From: quehubo5/11/2006 9:04:59 PM
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Today's injection appears quite promising to me, after all the drilling over the last year when you get down to similar pricing and similar weather, we get similar injections. Of course that GOM production may come back some day.

If you look at the weather during the period for this injection it is similar to the weather in a few periods in May 2005.

So with all the incentive to injection with the great spread between June and the Winter this is it.

NA NG plays will be at the mercy of the markets here for a few weeks and then whether Summer weather arrives. But if the market is balancing out here with very little ng fired generation that we should have an exciting Summer if we get a warm one. Either way this price level is not even attracting ng fired generation yet.

My tally of na ng producers reveals at best production is flat sequentially when you back out GOM restoration. Lets see what the others have to say.
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