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

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To: CommanderCricket who wrote (51196)	10/11/2005 3:19:35 PM
From: James W. Riley	Read Replies (1) of 206319

Mr. Cricket, thanks for the post from Denintex as I save every sentence he writes. You do a pretty darn good job also. I'm hanging on to my TGA as well. Denintex said, "One chemical analyst stated: "The overwhelming, vast majority (of lost demand) is due to production capacity being shut in, not because gas prices are high. About 44 percent of U.S. ethylene cracking capacity was off line on Sept. 30. The loss in gas demand caused by the shutdowns would be about 4 bcfd, or roughly 28 bcf a week.” How many Chemical and Petroleum refining plants were closed or had production cut back? Within the industrial sector which accounts for 36% of natural gas use just six industries account for 84% of the total. Petroleum refining and Chemicals are the major users. Commercial, Residential, and electric production use would appear to be near normal. Keeping my eye on the ball (loss of production).

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