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To: quehubo who wrote (7894)3/15/2002 8:56:32 AM
From: Tomas  Read Replies (1) | Respond to of 206209
 
"Weekly withdrawals would have to average approximately 36 Bcf/week during the remaining 3 weeks of the traditional heating season in order for ending storage levels to hit our 1,500 Bcf target.
This compares to last year's average of 28 Bcf/week and the 3-year average of 33 Bcf/week.

Given the 4-7 Bcf/d shortfall in gas available for storage relative to last year, there is a high probability that ending volumes of gas in storage will reach the 1,500 Bcf mark.

Despite near-term uncertainty related to weather, the longer-term fundamentals for natural gas remain as bullish as ever"

Raymond James Energy, March 14
Natural Gas Industry Update
170.12.99.3