Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (81815)	12/15/2000 12:37:22 PM
From: ezspkns	Read Replies (3) of 95453

>At the end of the heating season there is usually a lot left over.< That's right, and someone must buy that gas and carry it on their books for 9 months or more at the risk of selling or using at a 'loss'. Are you buying $8 gas essentially or actually for the next heating season? Not such a big deal at the sub-$2 of the past. It is times like this that one would EXPECT storage to be drawn down to nothing based solely on price. I also agree with some of the bull arguments presented here, just being the fly in the ointment. Another on the bear side is how much profit is in some of these issues and if market conditions are such that profits will be taken where they can be had. EZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next