YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Ditchdigger who wrote (3884)	12/5/2003 11:38:17 AM
From: Scott Shaw	Read Replies (2) of 23958

DD, we had been getting a price of approx. $5.25 in one area and $5.70 in another (b/c of high BTU content bonus)...but that was before the price jump yesterday b/c of the news that reserves are declining faster than expected. The government report showed 59 BCF was withdrawn from the country's storage stocks during the week of Nov. 28 and most industry observers had predicted the number to be roughly half that...great news for EGSR, bad news for my heating bill. Our hedging plan is to keep the drill bit turning. ps. I noticed that you're in the low teens today...Brrrrr

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