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

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To: Second_Titan who wrote (81936)12/17/2000 4:05:24 PM
From: Frank  Read Replies (1) of 95453
 
Que-your response to Doug Fant's question on dual fuel capability for the new turbines may be the most important of the last hundred posts. The fact these new turbines are not dual fuel is not recognized even by the EIA. I recently read an EIA report which boldly stated utilities could just shift to oil if NG got too expensive.The expense of the dual option has been a determining factor--as you rightly point out. In essence the vast bulk of upwards of 70,000 MW of new generation in 2000-2001 is NOT dual fuel capable. This is a crucial factor that is only now sinking in to many energy analysts-Frank
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