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To: chowder who wrote (82435)12/22/2000 12:01:29 PM
From: chowder  Respond to of 95453
 
Raymond James Energy Stat of the Week, published 12/18/2000.

So far, our gas supply/demand model is tracking right in line with reported AGA gas storage numbers. Unfortunately, this same model suggests that we are headed for an unprecedented gas shortage in the second half of the winter. Given our increased visibility in this impending debacle, we are raising our 2001 gas price forecast to $5.75 per Mcf. Even though this estimate is $1.50 above Street consensus, we still feel strongly that future revisions will be upward rather than downward.

dabum