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To: schrodingers_cat who wrote (125185)5/17/2001 1:03:23 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
The recovery is also good news for energy companies but there's a problem with natural gas stock(piles) which are building at a record breaking rate. This likely means lower prices and turbulence ahead for natural gas stocks and probably some oil service companies. Over the next couple of years I still think things look promising for gas, but short term these stock builds probably mean trouble.

SC,

Are you sure the building of the natural gas stockpiles is just not due to the spring seasonal lowered demand? Meaning as summer hits and electricity is needed, there will be a drawdown.