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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: SliderOnTheBlack who wrote (111)1/3/1999 6:18:00 PM
From: PuddleGlum  Read Replies (2) of 318
 
Slider-
Gas storage was over 90% full the last time I checked. I would expect numbers like that in early November, but not at the end of December, so I'm still wondering where the gas price strength is going to come from. One possibility is that the number of new wells being drilled has dropped so dramatically that we have somehow gotten behind the curve and they'll have to drill like mad once normal demand reappears. But nobody really knows. These suckers are deader 'n a doornail, which is actually kind of good because it means we're at the bottom. But you and I both know about calling bottoms, right?

pg
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