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: jim_p who wrote (77730)	11/2/2000 8:34:03 AM
From: Second_Titan	Read Replies (1) of 95453

NG Curve Quite a big difference between this years low (3/31) point and 1996's though. Appears that supply is improving over the last few weeks though. I wonder how much supply was created by decreasing demand from >$5 mbtu gas. Awhile back it was suggested that alot of the present NG supply was from workovers and other short term fixes. The big question is how much short term supply has been created to capture $5 mbtu gas vs long term new production. This quarter's earning releases dont seem to indicate significant new supply, yet. In any event demand is the question this Winter.

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