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

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To: Big Dog who started this subject	3/6/2003 6:02:18 PM
From: quehubo	Read Replies (2) of 206093

Canada has ?6-8 weeks of heating with <100 bcf in storage. This will have near a significant impact from now through next Winter. Lehmans comments on todays draw are that we will see ~550 bcf in storage at the bottom unless 2-4 bcf are destroyed from March 1st. Oil inventories just keep falling. I was expecting a draw maybe 15-20 bcf less as a result of demand destruction. My guess is that many industrial players anticipated this NG shortage and have locked in prices and keep on consuming. I will post Lehman's weekly later. Got NBR? CRK?

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