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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: GaAs52 who wrote (51768)9/24/1999 1:35:00 AM
From: Think4Yourself  Read Replies (1) of 95453
 
Others, like Big Dog, are far more qualified to comment on rig counts. What little I can say is that:

1. 25% of the NG we use comes from the Gulf, where drilling has been fairly weak.
2. We are forecast for below normal weather in October, typically a build month for NG (Douglas Van Fant is the expert here)
3. NG Storage capacity in the U.S. does not appear to be growing with demand.

As I said, I am no expert. Perhaps Douglas or Big Dog would care to make a comment?
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