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: oilbabe who wrote (54263)	11/9/1999 12:32:00 PM
From: Wowzer	Read Replies (1) \| Respond to of 95453

This is most likely the reason for natural gas weakness: Trying to predict the weather out more then 5 days is a fools game. What happens next week when it may be colder then normal? I live in Phx and the only reason our weathermen ever get it right is because all they have to say is that it will be sunny and warm or sunny and hot and you are right 90% of the time.... y Cecily Fraser, CBS MarketWatch Last Update: 6:37 PM ET Nov 8, 1999 Agriculture Outlook New! Futures News NEW YORK (CBS.MW) -- Natural gas futures dropped sharply on Monday as balmy temperatures weighed on the market, giving traders little incentive to bid up contracts in anticipation of a chilly winter. Mild temperatures are in the forecast for the Southeast and Upper Midwest regions. Brisk weather typically bolsters natural gas and heating oil demand as furnace use increases during the winter season. "The natural gas was hit hard during the latest week by forecasts of record warm temperatures in the Mid-west," said Phil Flynn, an analyst at Alaron Trading, based in Chicago. The Midwest is the largest consumer of natural gas in the U.S. The news also comes as gas stocks are at favorable levels. According to the America Gas Association, total U.S. inventories stand at 2,995 billion cubic feet. December natural gas fell 21.9 cents to $2.665 per million British thermal units on the New York Mercantile Exchange.