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Strategies & Market Trends : Strictly: Drilling II

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To: Art Bechhoefer who wrote (31480)7/22/2003 11:55:55 PM
From: Cogito Ergo Sum  Read Replies (2) of 36161
 
Hi Art,
The fact is that a greater percentage of fossil fuel for electricity generation now comes from natural gas than it did two years ago Yes but more so for peaking demand so when we have heatwaves (not this year it seems) more NG is used.
Coal is still king.
A good exercise would be to search Big Dog's Thread for the topics of 'demand destruction' and 'fuel switching'. Very good stuff to know.
Subject 50987

FWIW I'm no energy bear as I'm over 25% in energy but more oily at present and 90% of that is CanRoys. I'm not a bull ST either though so most of what I own pays me to hold it.

regards
Kastel
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