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


To: quehubo who wrote (19762)3/5/2003 10:24:54 PM
From: Ed Ajootian  Respond to of 206093
 
que, Yes I know its supply, that is being confirmed by the record weather-adjusted storage draws on the BOA chart each week.

But it still would be interesting to see what woulda happened if we had more gas around.

Say the weather affected 3 BCF a day for 12 weeks. So say storage levels were 250 BCF higher than what we have now, I wonder how that woulda translated to prices. It would seem to me that prices would be lower but we would still be in the $5 range.

So it would seem that even if we have a warm winter next year it would not pull prices down very low.