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Gold/Mining/Energy : Range Resources (RRC)
RRC 36.52+2.1%3:04 PM EST

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To: doug doan who wrote (36)2/25/1999 9:13:00 AM
From: Bucky Katt  Read Replies (1) of 82
 
RESEARCH ALERT-Salomon ups nat gas price forecast
NEW YORK, Feb 25 (Reuters) - Salomon Smith Barney's natural gas analyst, Thomas Driscoll, raised his forecast for the average price of natural gas in 2000 to $2.75 from $2.35 per million British thermal units (mmbtu), his office said Thursday.

The forecast is based primarily on a falling drilling rig count, which has cut the number of wells drilled and will curtail future production.
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