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


To: pbd007 who wrote (4008)9/6/2001 10:18:57 PM
From: Second_Titan  Read Replies (2) | Respond to of 206334
 
It seems that neither DOE nor Ray James nor any other firm has been a good forecaster of NG prices or oil prices for the last two years.

A cold Winter and an improving manufacturing sector and in three months they could do a 180 turn with their forecasts.

Electric demand is up 3+% Y o Y with the slow down. Where is the gasoline and diesel going still to this day even though there is a slowdown? Demand is still up significantly over last year.

Media keeps talking up natural gas, they must be preparing the market so that their buddies can offload some large positions in NG E&P's. They sure as hell have not had any luck talking WTI to $18.