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Strategies & Market Trends : Coming Financial Collapse Moderated

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To: pater tenebrarum who wrote (247)6/21/2001 10:24:58 PM
From: yard_man  Read Replies (1) of 974
 
suppose for the sake of argument that demand (as in lower) turns out to be more important than supply in energy markets for the next 2 - 3 years, would that change your mind about other commodities (secular or cyclical)?

Also, do you think it is remotely possible that oil could tick up again strongly in the next few years while NG fell or stayed flat?

My own view is that natural gas is going to settle into a higher base ~ 4.00 - 4.50/mmBtu but not go ape for the next few years except possibly for very short periods in the winter, but I don't know about oil and it is more dependent on foreign exchange.

The "fuel guy" in our shop always chides me about how connected the price of NG and Oil must remain, since one is a substitute for the other in situations where fuel switching capability exists, but I'm not so sure ...
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