Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Gary Burton who wrote (43926)	5/4/1999 10:02:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

Natural Gas news... bloomberg.com << ''The low rig count will definitely have an impact, there's already less gas in the market,'' ...., ''they are starting to get the rigs going again, but the word I get is it'll take four months to get new supply.'' Natural gas for June delivery at the Henry Hub in Louisiana rose 4.8 cents, or 2.1 percent, to $2.359 per million British thermal units on the New York Mercantile Exchange, the highest closing price since Nov. 13. Prices are up 45 percent since reaching a three-year low Feb. 26, and are 4.5 percent higher than a year ago.>> xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Buy pure play USA Nat Gas E&P's - do it. - who cares if OPEC cheats !

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