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Gold/Mining/Energy : VELVET EXPLORATION -- A GIFT FOR MAD MONK -- Ignore unavailable to you. Want to Upgrade?

To: Casey who wrote (497)	8/16/1999 7:48:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 579

Burlington's offer values Poco at a premium to what investors believed Canadian natural-gas companies were worth, analysts said. The offer could make the shares of other Canadian natural gas producers rise as well. ''This is going to result in a major re-pricing of Canadian natural gas companies, starting tomorrow,'' said Martin Molyneaux, an analyst at FirstEnergy Capital Corp. in Calgary quote.bloomberg.com

To: Casey who wrote (497)	9/7/1999 8:15:00 PM
From: goldsnow	Respond to of 579

Heating oil also is forecast to be much more expensive than last season, when prices reached their lowest in about a decade. The DOE is predicting heating oil prices 24 cents higher a gallon than last year, averaging $1.06 a gallon. If the U.S. winter is normal, as expected, heating bills for homes that use oil could be about $700 a year -- up 40 percent from last year, when the winter was mild. ``The double whammy is coming, with additional demand coming amid much higher prices,' Costello said. Natural gas prices this winter are projected to be about 42 percent higher than last year, when the weather was generally unseasonably mild, the report said. However, on average, natural gas prices are expected to increase about 9 percent annually this year and next. quote.bloomberg.com