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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Tomas who wrote (10796)	6/19/2002 10:05:26 AM
From: Tomas	Read Replies (2) of 206200

Flawed DOE Weekly Gas Storage Data is Creating Gas Market Uncertainty Raymond James Energy Group, June 17 "the DOE actually fabricated a new set of historical weekly injection data in an attempt to mold their monthly data into weekly data similar to the AGA numbers." "if analysts were to use the fabricated historical DOE weekly data rather than the actual reported weekly AGA data, then year-over-year supply/demand would appear nearly 1 bcf/day looser than what we believe to be reality." "So far, the real impact of the flawed historical baseline data, combined with the flawed weekly data has been that the gas markets have been given the impression that there is more gas available than actually exists." 170.12.99.3

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