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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: quehubo who wrote (24171)6/27/2003 10:15:14 PM
From: Bearcatbob   of 206092
 
que, It would seem to me that the price of oil is what dictates the price of gas and that is unlikely to change if we are correct in the say "Raymond James" hypotheses. You are the individual who nailed the distillate differnetial. It looks to me to be tracking. Gas BTUs are still more expensive than oil BTUs. It has not been that way for a long time.

One of the most interesting things to me is how we now look at $5.50 gas. For years E&Ps would have killed for that.

Bob
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