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

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To: GaAs52 who wrote (83728)4/28/2007 2:44:09 PM
From: quehubo  Read Replies (1) of 206338
 
April is not in the traditional heating season, November through March the gw hdd were almost identical and resulted in 410 bcf more drawn this year.

A cool April is a non issue on an annual basis.

Further increases in ng demand will be the result in incremental load growth. If LNG ever makes ng prices soft CC generation can clear the market for $5-6 spot prices.

The market is justifiably anxious about the Summer weather, patterns are running hot and the chances of not having hurricane impact in the GOm like last year are slim.

Better check your weather data for gw hdd from November through March.
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