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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (3562)	8/11/2001 9:05:09 PM
From: The Ox	Read Replies (1) \| Respond to of 206097

It is my opinion that those issues will be addressed in the next up cycle but I think the current down cycle in NG has farther to run and that's why I came up with my WAG for the contest. The relatively weak economy has lowered NG demand and I believe this issue should continue to put downward pressure on NG prices. With the drilling that's been done during this up cycle and with plenty of exploration still going on, I think there should be enough production in the short term to keep focus off of the longer term issues. Finding less NG at higher cost and depletion rates are issues that will play out later on. While these issues should help keep a floor under NG pricing, I don't think they'll over shadow the strong NG storage builds we've been seeing this year.