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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (20168)6/6/2000 6:37:00 PM
From: Sergio H  Respond to of 29382
 
DD, it's a complicated playing field as you know. You've got the producers, the deliverers and the dual role operators.

Somebody will benefit from the govts' proposed rate ceiling during peak use. Oil suppliers perhaps, as the electricity producers will switch from natural gas to oil
when the price of natural gas skyrockets. Anyway you look at it, the govt. can't regulate shortage of supply of natural gas and the price will go up.

Sergio



To: Ditchdigger who wrote (20168)6/7/2000 7:28:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
from trading markets.com;

<Gas Gains Evaporate

A rise in stockpiles as reported by the American Gas Association's
weekly report on injections, sent natural gas to a ten-day low in
one of its worst closes of the year. Nat gas has risen to four-year
highs on threats of shortages ahead of a summer forecast to be
unusually hot. Utilities use the energy source to generate
electricity for air-conditioning use. The July contract (NGN0)
closed .349 lower at 3.945. >