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Strategies & Market Trends : games trader group

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To: John Paquet who wrote (433)4/20/2000 1:28:00 PM
From: goldsnow   of 507
 
Analysts say current U.S. gas futures prices of over $3 per thousand cubic feet are unusually strong for what is usually the slack ``shoulder' months between winter and summer peaks.

They predict the market will remain tight and prices high as producers have difficulty in keeping pace with booming demand, led by the increasing use of gas for power generation.....

...``Natural gas prices are phenomenally strong and are going to continue to be very strong,' he said. ``Thus far the market has not recognised the strength of gas prices.'

biz.yahoo.com
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