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


To: Tomas who wrote (6723)2/15/2002 11:29:09 AM
From: kollmhn  Read Replies (1) | Respond to of 206325
 
Industry officials, eh?

My take is:

We have record high storage and if we merely have normal draws from here on out, we will enter shoulder season with 1540Bcf+.
Then, with just normal adds through Aug 30, we'd be at 2968Bcf. From there on (if not much earlier), people should become very nervous about where the rest of the shoulder season build (averages 534 Bcf)is going to be stored.
Consequently, I see no meaningful rise in NG prices (that can help much) until very late this year, if even then.