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

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To: jim_p who wrote (19945)3/8/2003 3:47:02 PM
From: quehubo  Read Replies (2) of 206131
 
I suspect there will be allot of pain over the next year with the high NG prices. THis will translate into very high electric prices this Summer.

In order to obtain sufficient storage next Winter fuel switching to #2 oil will need to be forced. This will drive up NG prices and electric prices.

I wonder how many utilities played it safe by selling their unregulated power ahead? I wonder what marketers picked up this power on the cheap?

I see the weather pattern looks to continue, both my local Accuweather and NOAA are forecasting some below normal after this warm spell passes.

cpc.ncep.noaa.gov
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