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To: excardog who wrote (81209)	12/9/2000 11:12:53 PM
From: Second_Titan	Read Replies (2) \| Respond to of 95453

The next 4 - 6 weeks could be very explosive in the patch. The last 2 - 3 API's have suffered from the SPR release and an early tertiary storage build. But the early extended cold periods will further support very strong fundamentals. With NG prices at these levels many businesses will be burning #2 oil. Many business will be curtailed from NG this Winter because of pipleline constraints anyway in the NE. So my point is serious oil demand will show up in the numbers soon. Unless there is considerable new incremental supply of NG, in excess of increasing demand, the picture being painted for Late Winter is downright scary. Imagine rock bottom NG storage levels in March with demand ~= to weak supply. Before long it may become obvious that the NG problem will not be going away any time soon. Got Keg ?

To: excardog who wrote (81209)	12/10/2000 12:47:13 AM
From: energyplay	Respond to of 95453

It would be tough to compete with U.S. demand for NG with Canadian dollars. What'll happen to Canadian industry that uses lots of Natural Gas ? If they sell mostly to the Canadian market, they could get hurt...

To: excardog who wrote (81209)	12/10/2000 2:43:11 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 95453

Excardog, The last sentence of that note you just posted is very critical: A lot of what will happen with gas in the next six to 12 months will be driven by weather." This means both summer and winter weather. Don't forget that if we have a cool summer then power demand and ipso facto summertime NG usage would be reduced.... Note too, that at $5-$8/mcf, a number of alternative energy sources become effective competitors with NG as a power fuel such as wind, solar, and cogen....This could serve to dampen prices in the long-term....