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

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To: quehubo who wrote (22207)	5/6/2003 6:20:56 PM
From: russwinter	Read Replies (1) of 206323

Lehman Bros. has a projection out about 2Q NG production -2.5% YOY, and 3rd Qt -2.2%, then 4q, 03 improves to -1.1%. Based on that and with a little help from nuke problems, I'm going with 2200 as the end of fill storage level, WITHOUT A HOT SUMMER. We may get up to 2300, if we destroy some demand with a $7.00 plus sustained (not a spike) pricing level. I'm guessing 2400 may take $8.00 or $9.00 to destroy enough demand..

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