Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: dfloydr who wrote (51510)	9/21/1999 9:13:00 AM
From: Think4Yourself	Respond to of 95453

One factor that might explain the sudden jump in production is the tremendous nulmber of refracs done this summer. Everyone and their brother has been doing refracs, and most appear to have been highly successfull at increasing production. Not thrilled with the drop in NG prices but not particularly surprised either. The only good news I see right now is that 2 weeks ago I had my thermostat on A/C and now it is on HEAT. Unfortunately it won't help for last weeks build. Actually there is also the price of heating oil as of late. NG competes with heating oil to some extent, and heating oil has been on a tear. I believe that will cause customers (mostly industrial) with both capabilities to switch to NG this winter. I also recall reading last week that Canadian stocks are below normal. I read so many articles that I can't find it now. Can anyone confirm? Canada might be shipping to U.S. to take advantage of high prices. The fact that most of the build is occurring in the Northwest tends to confirm this. I am not stating this is happening, just thinking out loud.