SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (51285)12/26/2000 3:33:14 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
i think they're sending bubble boy down there so he can give them guarantees, like the Fed writing a put on the bank loans to EIX and PCE.

this energy disaster is taking a huge bite out of the economy....



To: patron_anejo_por_favor who wrote (51285)12/26/2000 4:14:38 PM
From: Archie Meeties  Read Replies (1) | Respond to of 436258
 
Wouldn't come as a big surprise if there were some delivery problems with NG by the end of the winter. There's only 2 ways to address the ng wreck - the first is a big increase in LNG, the second the use of HO, where possible. In the NE many places have the ability to use both, although I suspect many have made the switch.

The LNG terminals currrently in use are owned by;Cabot corp (Boston), and CMS Energy (Lake Charles). The two idle ports are owned by Williams Co (maryland) and El Paso Energy co (savannah). The last I heard they wouldn't reopening until 2001. LNG imports come primarily from Algeria, Trinidad, Nigeria, and now Australia.

It's possible that ng, at some point this year, exceeds the price of oil.