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

To: Cogito Ergo Sum who wrote (3960)	11/14/2001 12:02:32 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 36161

Kastel, I shoulda highlighted what I thought was important in that particular article: Coal prices are lower and more stable than natural gas. Higher prices, volatility and system growth limitations will continue to make natural gas a less attractive energy source, particularly for baseload generation,' Biang said. The whole assumption of using NG for baseline generation tells me the T/Os in the Canadian patch isn't over yet, by a long shot. Baseline generation by both coal and nuclear is essentially maxed out, which tells me peak generation by NG continues it's place as a surrogate. Regards Frank P.