Though you might find these numbers interesting-(not mine and not checked for accuracy)
NATURAL GAS STRIPS FOR THE NEXT EIGHT MONTHS:
November, 2006 $6.51
December, 2006 $8.06
January, 2007 $8.64
February, 2007 $8.64
March, 2007 $8.50
April, 2007 $7.79
May, 2007 $7.75
June, 2007 $7.86
July, 2007 $7.96
Above, please notice some prices for the upcoming contracts for delivery for natural gas. This is based on NYSE prices and as we mention, these prices are a lot better than where they have been in the last couple of months. Unfortunately though, these are the prices for south of the border. Up here in Canada, where you face pipeline charges to get it there and inventories are just as full, instead of getting $6.51 U.S., the current spot price is $4.23 Canadian. Ouch! |
