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To: Roebear who wrote (50419)9/4/1999 10:36:00 AM
From: oilbabe  Respond to of 95453
 
Roebear: That article seems to confirm the resurgence of La Nina this year. The following is from National Georgaphic online:

During a La Ni¤a event, an abnormal cooling in the eastern Pacific produces conditions more or less the opposite of those created by El Ni¤o?nature?s way, perhaps, of rectifying the heat imbalance that El Ni¤o represents. As with El Ni¤o, the effects of La Ni¤a are most pronounced from December to March.

In La Ni¤a years the easterly winds from the Americas are stronger than usual. That drives more than the normal amount of warm sea-surface water westward, in turn causing larger than normal volumes of deep, chilly water to rise to the surface and producing a ?cold tongue? that extends 3,000 miles [4,800 kilometers] along the Equator from Ecuador to Samoa.

With so much warm water flowing toward Asia, the Pacific?s mighty heat engine remains firmly anchored in the west, causing heavier monsoon rains in India, higher than average precipitation in Australia, and wetter than normal conditions as far west as southern Africa. The huge air masses and cloud banks associated with the hot zone also change the path of the jet streams, which move high-altitude air from west to east across the ocean.

The polar jet stream, which in an El Ni¤o year stays high in Canada, moves farther south, driving frigid air down into the U.S. Winters are colder, especially in the northwestern and upper midwestern states. The subtropical jet stream that blows across Mexico and the Gulf during El Ni¤o events weakens during La Ni¤a; consequently, far less rain falls in the Gulf and southeastern states. Drought is common in the desert Southwest. Hurricanes in the tropical Atlantic encounter no westerly wind resistance and therefore are twice as likely to strike the U.S. The 1998 La Ni¤a hurricane season was the deadliest in the past two centuries.



To: Roebear who wrote (50419)9/4/1999 10:47:00 AM
From: articwarrior  Read Replies (2) | Respond to of 95453
 
The sound of La Nina brings joy to my ears! Ocean temperatures causing marine death is disturbing but ramifications for the long cold winter ahead this year bring $$'s to my oily eyes.
Marathon and Noble were two undervalued plays discussed on Wallstreet Wrap-up last night. Any one want to comment?
Added TMAR at 7 9/16, More KEG and More HLX yesterday. Come Monday the FGI announcement should take affect since it was posted at 5.53 p.m. and the stock moved .37 in 7 minutes in after-hours trading. What can I say about KEG...Only that I posted a lot early in the year on KEG first slamming the stock then picking it up at 3. TMAR is a low priced driller that has participates in the swings of the big boys of late and has quite a bit of volatility. I like that volatility when we sit at the door of winter demand!
Got to state the obvious one mo time....$25 oil by End of year.
Been trading the patch but now it is time to settle in for the winter run.
Good trading all
Artic