Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Douglas V. Fant who wrote (47633)	7/9/1999 8:12:00 AM
From: Think4Yourself	Read Replies (2) of 95453

Douglas, the number of energy articles I am seeing relating to deregulation and new plants is increasing at INCREDIBLE rate. The industry appears to be busting at the seams to bring new plants online, almost all of them Nat Gas fired. Ohio just deregulated. I am also seeing articles regarding nuclear plant storage facilities being maxed out in the next few years while the government's Yucca facility is AT LEAST 10 years from being ready. Once a plant's facilities are full The cost to continue to operate goes up dramatically. The end result that I see is that "past performance is not indicative of future results". How long do you think it will be before natural gas demand starts to skyrocket? As you know, these plants will use large quantities of gas.

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