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

To: Raymond Duray who wrote (24589)	7/17/2003 5:39:20 PM
From: jim_p	Read Replies (2) \| Respond to of 206085

Raymond, They use 10 to 1 in Canada, and 6 to 1 in the US, but 8 to 1 is closer to what a true energy equivalent is on average. Hope that helps, Jim

To: Raymond Duray who wrote (24589)	7/17/2003 6:41:36 PM
From: Tommaso	Read Replies (2) \| Respond to of 206085

Just doing BTU figures in my head 6 to 1 seems about right, but that does not take into account refining costs. Also the therms per unit of gas varies. So 8 to 1 may be a better yardstick. On the other hand, you can't drive many vehicles on NG, so oil is more valuable apart from its simple BTU content. I assume somebody has referenced the big article in the WSJ (front page today) on LNG.