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Politics : High Tolerance Plasticity
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To: jim_p who wrote (9309)10/12/2001 6:02:50 AM
From: Second_Titan  Read Replies (2) of 23153
 
Jim_P Are you a little surprised at how fast NG spot and futures prices pulled up? My hunch has always been that as soon as it appears supply / demand have fallen into balance the actual relative high storage levels would not be a big factor.

NG's first alternative is #2 oil first for many and this is still selling ~2 times NG prices.

Falling RIG counts and Winter on the horizon a new cycle being born.
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