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

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To: Douglas V. Fant who wrote (50635)9/8/1999 9:43:00 PM
From: Think4Yourself  Read Replies (1) of 95453
 
Doug, I ran across this week old article. Do you agree with the guys comments about last year and the target in storage?

...

"Actually, last year's storage levels were abnormally high," Gist said. "We're back to a normal level now."

The AGA reported that gas inventories reached 2.5 trillion cubic feet, about 5.7 percent below last year's level.

"Normally, the industry tries to build up to about 3 trillion cubic feet by Oct. 1 to be ready for winter," Gist said. "I'm not entirely sure they'll quite make it this year."

cnniw.newsreal.com@2@10@3@1213&path=News/Category.NRdb@2@7
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