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To: Frank who wrote (13265)9/23/2002 7:59:00 PM
From: quehubo  Read Replies (1) | Respond to of 206334
 
Frank, it really does not matter what we want does it?

Profits? $30 WTI & $4 NG and OSX 73! I dont think a damaging hurricane will help us in the short run.



To: Frank who wrote (13265)9/23/2002 7:59:57 PM
From: chowder  Read Replies (1) | Respond to of 206334
 
Frank, a hurricane won't inhibit NG production enough to prevent flush inventories. It will only delay it a week. I read earlier today that NG prices are pricing in a colder than normal winter, share prices are pricing in a warmer than normal winter. Something's got to give. My guess is we don't see what gives until we're through shoulder season.

These cyclical stocks don't seem to be trading on 6-9 months out. If they are, they don't like what they see.

The PATS showed some real character yesterday.

dabum



To: Frank who wrote (13265)9/24/2002 6:32:49 AM
From: quehubo  Respond to of 206334
 
Damn Frank, I thought that if we wanted something that was the surest way of preventing it. Well not exactly wanting a direct hit on NO, but Isidore has a mind of its own.

weather.com



To: Frank who wrote (13265)9/24/2002 10:08:49 AM
From: kollmhn  Read Replies (1) | Respond to of 206334
 
Frank-
GS said that the last time hurricanes had much effect on production was in 1998 when they had four that mattered.
Total production lost was 70 Bcf. That's not a lot and in light of being half way through the season, I wouldn't get lathered up about getting much help from that kind of weather.