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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: schrodingers_cat who wrote (1233)	5/16/2001 8:07:52 AM
From: Second_Titan	Read Replies (1) of 206200

WAG on Distillate displacement of NG for Jan - April. Comparing average distillate demand from 98,99,2000 to this year's demand indicates an increase equal to a 2.12 bcf per day decrease in NG consumption. 120 days * 2.12 bcf per day = ~250 bcf more in storage and end of season. Also the site linked below shows the cost differential trend for NG & HO . This is a very general relationship and local costs can very differently for delivery & contractual issues. So distillate demand could still be displacing some NG. If you want the Xcel spread sheet let me know. outlook4energy.com

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