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

To: Tommaso who wrote (23863)	6/17/2003 9:00:33 AM
From: Tomas	Read Replies (2) \| Respond to of 206205

Gas to Oil Fuel Switching Is Now Up to 3 to 4 Bcf/day Raymond James` Energy "Stat of the Week", June 16 "We continue to believe that higher average natural gas prices (i.e. in the $6/Mcf+ range) must prevail over the remainder of the summer if we are going to come close to reaching a comfortable level of gas in storage before the upcoming winter (which is another story entirely)" beacon1.rjf.com

To: Tommaso who wrote (23863)	6/17/2003 9:00:42 AM
From: jim_p	Read Replies (2) \| Respond to of 206205

eia.doe.gov

To: Tommaso who wrote (23863)	6/17/2003 12:24:15 PM
From: energyplay	Read Replies (1) \| Respond to of 206205

Hi Tommaso - The gas market was regulated in different parts then - intra-state, interstate, stripper, then deep gas. Enormous price discrepencies. The Statistics may be just someone taking a single price number, which may track 90% of the market today (like Henry Hub). Back then, it was a small fraction of the market. The gas avaialbe at the regualted price was limited - if you wanted more, you needed to be in-state and willing to pay more. Maybe Doug Fant could provide a reference book, since he was doing energy policy aroiund that time.