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Politics : High Tolerance Plasticity

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To: kodiak_bull who started this subject	10/19/2001 1:32:30 PM
From: Second_Titan	Read Replies (2) of 23153

Although I underestimated how low NG prices would go, I did guess it would be earlier than later in the fill season. Now I see NG futures screaming and must say I am not surprised. People stay focused on storage being filled but that is a look in the rear view mirror. On the margin NG is competing with #2 oil first for generation and then #6. So once someone figures the bubble has passed, we may find NG reaching close to a price where sustained drilling can occur. BWFDIK, maybe the low is on the horizon.

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