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To: Tommaso who wrote (83129)	12/31/2000 2:46:47 PM
From: Second_Titan	Read Replies (1) \| Respond to of 95453

The question is really at what price is it worth the risk of holding the NG for 6+ months. Consider that storage I believe adds $1 a MBTU, plus the cost of time value of money and along with the risk that supply might improve during the six months. I guess I am just interested in trying to understand the decision making process. Allot of things could happen over six months to make the value of NG go down while it is in storage. I on the other hand suspect we may be on the way to running out of NG either this Winter or the next one. I wonder how many companies like CPN bought turbines but did not hedge the fuel costs before the run up in NG prices? There could be allot of plants built and not commissioned until fuel costs drop. Or maybe they will be sent overseas where NG prices are lower.