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To: Second_Titan who wrote (82815)	12/27/2000 10:57:38 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

I recognize the weather has been quite cold but the numbers seem high to me because: 1. The producers aren't stripping hydrocarbons which is inflating the supply of NG. 2. The producers are producing at max and some are (rumored to be) overproducing, risking well integrity to get the high current prices. 3. ALL dual fuel users should have switched away from NG a few weeks back, which reduces demand. 4. High energy users such as fertilizer plants, mines, foundries, etc are shutting down right and left. 5. Consumers and small businesses appear to be reeling from sky high energy prices, which should be encouraging conservation on a massive scale. Despite all of this we get a big draw? This implies either (or both): 1. The hidden increase in demand from the last three warm winters was very large 2. The producers aren't keeping up with the growth in demand. If $9 for NG isn't enough to match supply and demand, what price will? Supply is maxed near term so demand has to come down further, doesn't it?