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Strategies & Market Trends : Strictly: Drilling II

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To: Douglas V. Fant who wrote (2884)10/16/2001 10:27:25 PM
From: Frank Pembleton  Read Replies (2) of 36161
 
Douglas, considering that you can take out 1/5 of the U.S. domestic oil supply with one bullet I'm surprised NG is only trading at $2.20-2.40 range, but not for long... I was just reading an analyst report which stated that increasing demand, delayed or cancelled liquid natural gas shipments to the U.S., and declining natural gas production in North America as the major factors in its bullish outlook.

researchcapital.com

Regards
Frank P.
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