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: A. Geiche who wrote (50197)	9/1/1999 11:43:00 AM
From: Think4Yourself	Read Replies (3) of 95453

Interesting, the weekly estimate dropped 1 BCF just since yesterday. I wouldn't say there is a "glut" of NG. What they are saying is that they are not hard up enough to pay current prices. I suspect we will drop down to the $2.75 range for the next month, and then rise from there. That guy is going to look like a fool if there IS a shortage this winter. But then again, most of the folks that are quoted on Doomberg usually do end up looking foolish. Got lots of margin waiting if stock prices go down. Hope there are enough people dumb enough to sell this month.

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