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

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To: energyplay who wrote (71058)9/15/2006 7:00:38 AM
From: quehubo  Read Replies (1) of 206104
 
We had a fairly large increase in gas directed drilling activity in first two quarters of this year. This could provide a boost to production through the Winter.

I see all the articles about rigs leaving the GOM, but the gas direct rig count in the GOM appears flat.

The next few weeks weather is not predicted to be warm but colder than normal. Cee CPC. This should provide some heating load, even warm weather here wont make much difference on ng directed generation. We need some heating load.

Utility outage season should be picking up here so that and low prices may help move some ng.

Me I am playing it cautious as the storage action has not be enticing since the heat wave broke and we have a long way before weather starts hinting weather bloated O&G inventories will be worked down.
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