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

To: Ed Ajootian who wrote (19971)	3/9/2003 2:38:19 PM
From: quehubo	Read Replies (1) \| Respond to of 206110

Ed - this guy is an at best is writing about some thing he has no knowledge of and at worst, he is an idiot. If he means relief as in NYC wont be paying $22 mbtu in May he is correct. If your working storage is low or empty how do you suppose you are going to get it out? Even with compressors, when pressure starts dropping in storage you can only move so much.

To: Ed Ajootian who wrote (19971)	3/9/2003 2:57:24 PM
From: Cape Blanco	Respond to of 206110

Sounds like the Charles Schwab wrote it.

To: Ed Ajootian who wrote (19971)	3/9/2003 10:31:48 PM
From: energyplay	Read Replies (1) \| Respond to of 206110

No natural gas crisis - Well, NG prices will come down from $9.00 Nymex and >> $10 spot to more like $6.00 Nymex and around $5.00 - $8.00 spot. I don't see anything in the article about increasing decline rates - he see the decline in exploration as a result of mergers. "that will trigger increased exploration and development, possibly in areas that are currently off-limits" a bit of wishfull thinking - the enviros rolling over. This guy looks like a believer that the Econ 101 principles of supply, price and demand trump physical reality. Maybe they due in the long run - Spring of 2004 or 2005 could easily see a gas glut, especially with a warm winter. He also doesn't count the behavioral change that after the natrual gas price crash, E&P companies are much slower to spend money on drilling, AND (be forecast) will cut back on drilling at the first sign of price weakness. It's a cyclical industry - I think that's the only thing I would agree with in his article. I would like to see different viewpoints, as Ed points out.