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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: excardog who wrote (81209)12/10/2000 2:43:11 AM
From: Douglas V. Fant  Read Replies (1) of 95453
 
Excardog, The last sentence of that note you just posted is very critical:

A lot of what will happen with gas in the next six to 12 months will be driven by weather."

This means both summer and winter weather. Don't forget that if we have a cool summer then power demand and ipso facto summertime NG usage would be reduced....

Note too, that at $5-$8/mcf, a number of alternative energy sources become effective competitors with NG as a power fuel such as wind, solar, and cogen....This could serve to dampen prices in the long-term....
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