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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Ronald J. Clark who wrote (80377)12/3/2000 5:26:39 PM
From: Ed Ajootian  Read Replies (2) of 95453
 
Ron, Thanks so much for keeping the AGA data coming. We are all finding it very useful.

Here's an interesting tidbit from the table. The cumulative draw from the coming week's storage in the prior year, to the low point for the winter (1008 on 4/14/00) was 1924. Let's just say Wednesday's storage number comes in at 2400, a draw of 102 BCF for the week (this is a conservative guess based on what I've been hearing). If you subtract 1924 from 2400 you get only 476 BCF projected to be left at the end of this winter, a dangerously low amount. And that 1924 BCF of draw happened in one of the warmest winters on record! The cumulative draw from the same date two years ago to the winter low was 1769, not much less than last year.

Is that table on an Excel spreadsheet by any chance? If so, you could keep an update of the above calculation going each time you update the table. IMO this is what folks are going to be focusing on in the coming months.
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