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


To: Area51 who wrote (23802)6/15/2003 5:24:35 PM
From: quehubo  Read Replies (2) | Respond to of 206195
 
Well, until proven otherwise I expect something similar pattern to this one set 3 years ago. I will be trading accordingly, with 1 eye always on the door hoping to avoid disaster. My guess is that it will take an average of at least $6 to get storage to 3,000 bcf.

stockcharts.com[d,a]diclyiay[d20000115,20001015][pb50!b200!d20,2!c20!c30][vc60][iUb14!La5,7,19!Lc20!Lh14,3!Ld20!Lf]&pref=G



To: Area51 who wrote (23802)6/16/2003 9:48:14 AM
From: Archie Meeties  Read Replies (2) | Respond to of 206195
 
Area51,

"it is not really in anybody's interest to have natural gas supplies depleted in the winter, as this would just result in massive demand kill as people switch from natural gas heating to electrical heat pumps."


Did this type of demand kill (at the residential level) happen in the 2000-2001 winter? No. The demand kill came a the industrial level.

It's bullish to not have depleted supplies this winter?
I take it we are investing in energy because we can expect (In July, no less!) for there to be plenty of gas to go around 6 months from now?