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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jon Koplik who wrote (7515)1/11/2007 7:51:21 PM
From: John Pitera  Read Replies (1) of 33421
 
Jon, those electricity percentage declines are very substantial. I was at a luncheon presentation at the Federal Reserve Bank of Houston today. The event is run by the IAEE
the International Association of Energy Economists.

It seems as if a number of the folks I talked to were pretty surprised at the magnitude and decline of prices in the energy complex the past 2 weeks.
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