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Politics : Ask Michael Burke

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To: Earlie who wrote (86994)12/16/2000 11:06:37 PM
From: Tommaso  Read Replies (1) of 132070
 
Earlie, oil prices could decline some maybe.

But the Department of Energy natural gas figures make a very plain case for natural gas storage to be empty early next winter. Not low: gone. There will still be natural gas, but nowhere near the demand. That could be cured over the next 2-3 years but a year from now, all United States storage (in salt domes, old coal mines, old mines, wherever) may well be empty.This is simply arithmetic, not speculation.
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