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To: Tommaso who wrote (81463)	12/12/2000 9:09:25 PM
From: Second_Titan	Respond to of 95453

API Data Rather strange that Alaron has not picked up the typical release. Like we expected, it would take a week or two to work through the tertiary stocks build up. Expect another SPR release if , crude starts rocketing while Saddam plays his game. What needs to be recognized is that with NG prices as high as they are many businesses will burn HO. Also in the NE with several warm Winters recently, many businesses more than usual will have NG curtailed because the system cannot maintain the flow. So far my bext plays of the downturn have been loading up on NE, MRL and WFT calls. If we get to OSX 125, I may be back ~ to my September peak achieved at OSX 140. Of course that assumes FLC/RIG will recover and follow its previous performance.