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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: JWest0926 who wrote (149790)2/7/2002 1:42:46 PM
From: yard_man  Read Replies (1) of 436258
 
my in-house expert told me last year that 3.30 or 3.50/ mmBtu would be the new floor for gas ... didn't happen.

I think you would be better off buying options on the futures if you think NG could rise (many things are working against that right here -- including the softer economy and seasonality) -- I know it has already been said, but when these guys saw $10 gas, you can bet they went ape with capital budgets.
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