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


To: quehubo who wrote (17864)2/5/2003 6:13:30 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 206093
 
que, Whaddaya figure, we drop under 1 TCF of gas in storage by the end of the month?

It will be interesting to see how long it takes the Reuters reporter doing the natgas updates to stop mentioning that inane stat of how much the draws have to average over the rest of the draw period to end up with 1 TCF of gas. As is obvious we will have far less than that figure by the time its over.

I believe once tomorrow's draw number comes out and it starts with a "2" and folks see that we will probably enter March with around a TCF of gas, the March contract will power up to new all-time highs and the 12-mo. strip will blast past $5.25 and E&P companies will kick off a major rally.