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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Canuck Dave who wrote (31752)4/17/2003 7:21:44 PM
From: energyplay  Read Replies (1) of 74559
 
The natural gas shortage continues to get worse, and the value of royalty trust has started rising again. They shot up very fast around Feb- March when we had the sharp spike in natural gas prices (a fore runner of prices to come), then pulled back a little, now moving up again.
I expect the peak prices to occur this fall or early winter of 2004.

Nice thing about natural gas - SARS or not, people want to keep their house warm and use electricity.
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