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

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To: Evolution who wrote (67010)5/25/2000 12:08:00 PM
From: Douglas V. Fant  Read Replies (1) of 95453
 
Evolution, I work both in the oil & gas and power industry...And NG demand from my little vantage point should be driven also by the growing use of NG as a clean fuel for generating power. Thus thus summer peak load demand in the US for power should benefit NG now too...

I'm guessing that that is what's partly propping up NG prices right now, as well as the fact that there is not enough rigs active, etc.....
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