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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (188325)	8/18/2002 1:12:21 PM
From: David Zgodzinski	Read Replies (1) of 436258

look at the gas storage trends for the last 4 or 5 weeks. Increases in total storage are at or close to the lowest levels in seven years. It's a tough call but with some slightly colder temps this winter compared to last year, it looks like the high storage levels will get whittled down pretty fast. A lot of smart people are talking about depletion, how more wells have to be drilled because wells are being depleted faster than they used to be - the best reservoirs are getting played out and so on. But so far it hasn't done much for prices. I go from bullish to bearish and back again. If your boss goes "la dee dah dee dah prices will stay low" maybe I'll get more bullish.

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