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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (1024)9/4/2001 12:14:15 AM
From: rails99  Respond to of 36161
 
Hi Roebear:

Excellent post IMO. Would add that storage tops out around early of the third week in November, USUALLY.

Unknowns?: What if we have more storage build; What if we have harsh early winter; What if we see "greater demand"?

Interesting how gasoline demand was strong this year ( I believe the build of storage ended pretty much within a week of the norm), even though may have consumer constraints in purchasing of product. Perhaps more product demanded by a larger number of consumers?

My guess is we may see the same for Ngas, that more demand may consume more product. Only way I would buy into some Ngas E&P shares: If I see the larger builds in storage top out at about the same calendar date (or nearly the same) again for this year. All this JMHO.

Best Wishes;
Rails