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To: Cogito Ergo Sum who wrote (4322)9/22/2002 2:02:17 PM
From: bill  Read Replies (1) | Respond to of 11633
 
Thanks Kastel,
I appreciate the info re the percentage NG and hedged.
Given the NG percentage is even higher than I thought, can you
make any sense out of the WG seeming contradiction of
NG dropping to 3.50 CAN and AVN.UN being their top pick?
I've been reading elsewhere, as was also mentioned here,
about the high storage levels and, yet, AVN has been
able to sell forward at a much higher rate. One couldl
attribute it to, I guess, a war premium re Iraq but
that would be oil, would it not? I don't see why it should
have such a dramatic effect on NG (dramatic, the difference
between hedged 4.95 re projected 3.50). That is a huge
difference in price.