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

To: Claude Cormier who wrote (19766)	3/6/2003 1:05:53 AM
From: energyplay	Read Replies (1) \| Respond to of 206329

It's a baseline case - It won't happen because the price will go up enough to reduce consumption. However, it 's useful for seeing how deep a hole we are in, and how fast we are still digging.

To: Claude Cormier who wrote (19766)	3/6/2003 9:17:00 AM
From: Tommaso	Respond to of 206329

I think it is serious analysis, and his projections for the shorter term have been incredibly accurate. I assume in the case of such a squeeze all interruptible contracts would be interrupted. Also, there wpould be gas rationing. Homeowners would be required to cut year-on-year consumption by a certain percentage (this happened back in the 1970s). I don't know how fast additional drilling can be mobilized but if gas is fetching $12 it would be as fast as possible. The reponse was incredible two years ago.