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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (7064)	8/27/2001 11:19:45 AM
From: Second_Titan	Read Replies (1) \| Respond to of 23153

Unless energy investors show the willingness to look more than the 1-3 months over the horizon I dont see NG plays moving up from here unless something changes dramatically in short order. The nuclear maintenance cycle will be heavy this Fall, perhaps the coal plants will be under heavy maintenance as well. The cure for <$3 NG is itself. But the cure may take several months to correct itself. There is still oil being burned in place of NG in power generation and some industry is still locked out because of NG prices. I doubt that will last long at these prices. The bubble needs to be removed and until that shows signs of occurring NG prices will be depressed.