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


To: Frank Pembleton who wrote (11908)5/9/2002 3:32:46 PM
From: t4texas  Read Replies (1) | Respond to of 36161
 
frank, sorry for the slow response in thanking you for the help. i am just kicking tires on ccj, but it has been down lately and that brings it on my radar. if the economy looks stronger sometime, that is one i want to have. i do think nuclear will get more play going forward for electricity generation. if ng is going to be used in electricity production, they have got to get a price stable enough not to make peoples' eyes pop out every summer or winter when they get a utility bill. i love for the e&p's to make lots of money, but it will become tiresome to use ng as a reliable electricity generating fuel with price swings between 1.80 and 10 dollars. thus i am interested in ccj and the coals long term too.



To: Frank Pembleton who wrote (11908)5/9/2002 6:50:16 PM
From: t4texas  Respond to of 36161
 
here is what a coal company says about higher ng prices

"While contract closings are still relatively slow, industry conditions and rising natural gas prices are expected to increase [coal] demand," Blankenship stated.

biz.yahoo.com