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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: ChanceIs who wrote (64191)5/11/2006 10:47:58 PM
From: quehubo  Read Replies (2) of 206299
 
NA NG Production appears unable to grow with record efforts sustained over quarters, foreign buyers lure away LNG, ng is almost the only marginal electric provider for years to come and we could get a hurricane in October that takes out production for the Winter.

I am not holding anything now because of what can happen before the first draw, only for what happens after the first draw. I think the market will work off the supply with curtailed production and lower spot prices.

When regional lines and storage fill production will slow and spot prices will find new buyers. In a few weeks it will be easy enough to find a place to unload your NG, there is more than enough NG generation to move the glut many times over if the price is right.
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