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

To: schrodingers_cat who wrote (4835)	10/28/2001 3:09:57 PM
From: Second_Titan	Respond to of 206085

Schrodinger - I hope the demand in part is coming from plants that waiting for prices to drop and then locked in prices. If you face bankruptcy because you could not operate with $5 NG, would you jump on the recent opportunity to lock i prices, or just risk one more Winter that might finish you off if you cant operate. I suspect some companies are throttling production, in contrast to Q1 when they did everything to maximize production. But I understand the easy gas was nailed in Q4 & q1 and that is why production has been declining for some time. I speculated before that production peak in the beginning of Q2 and has been declining through Q2 & Q3.