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

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From: quehubo	9/30/2007 8:35:09 AM
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This Summer now has had more CDD's than last Summer. The last EIA flash shows that even with more ng fired generation we used less ng. I suspect this September should show a large increase in ng generation and ng consumption over 2006. ftp://ftp.cpc.ncep.noaa.gov/htdocs/temp/wcool.states I dont know where all this apparent increased supply is being used. Robry data is rather bullish this week, who knows how much is curtailed though. A warm October as forecasted will be bearish compared to last year. Perhaps we can get a good cold November. NG prices certainly held up better than I expected. The next stop will be parity with residual.

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