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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (40304)10/27/2003 11:40:39 PM
From: energyplay  Read Replies (1) of 74559
 
In North American Natural gas, we are seeing demand destruction, near full storage, and not cold weather yet.

I expect we will see dips in E&P stocks, and possible dips in royalty trusts.

Looking out to Spring, production is still declining, so unless we have a very warm winter, we will be okay.

It's interesting that after being happy with NG prices in the $3.00 range, people are worried about the price being under $4.50...

Isopatch has a good comment -
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