SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GREENLAW4-7 who wrote (18733)2/22/2003 4:18:38 PM
From: quehubo  Read Replies (1) of 206113
 
Greenie, the 12 month strip is sitting at $5.80. I expect next Winters prices to climb higher during the fill season.

Assume we start out at 600 bcf in USA storage and very low levels in Canada, with 6 bcf less production in the USA than last year and less another 2-3 bcf in NA production by the start of next Winter, NA will start next Winter with 6-8 bcf less production and 2,300+/- 300 bcf in US storage.

When we cross 700 bcf in storage panic will set in and the very weak rise in the storage levels every week will intensify this panic.

What if we have another hot Summer, what if instead of a slightly warmer than normal Winter such as 2002/2003 we have a slightly colder than normal Winter?

Shorts will realize that energy stocks are not tech stocks. But I am glad they have been emboldened with success in techland. The shorts will help accellerate the rise in NA NG directed energy stocks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News