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: upanddown who wrote (51774)	9/24/1999 2:43:00 AM
From: Think4Yourself	Read Replies (1) of 95453

Crude hits 33-month high; gas, heating oil, natural gas soar cnniw.newsreal.com@2@22@3@697&path=News/Category.NRdb@2@7 The rise in crude powered a sharp increase in heating oil, and analysts cited that in turn as igniting a takeoff in natural gas because it suddenly became a cheaper alternative to heating oil. Natural gas prices increased 10 percent. "People are real bullish on natural gas," said O'Grady. "They are convinced that we're going to have a delivery problem this winter."

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