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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Art Bechhoefer who wrote (31489)7/23/2003 5:17:59 PM
From: Cogito Ergo Sum  Respond to of 36161
 
Hi Art,
i>Also, natural gas units can be built more rapidly and have a lower initial cost than plants fired by other fossil fuels. true but you know too much of a good thing and well you know what happens. NG was very cheap for a long time. The pollution control issue holds back coal but if NG costs stay up and it may have a bit of a resurgence. Folks are biased against coal but if push comes to shove the US has a hell of a lot of coal still.

because of its excellent record on hedging oil and gas prices My core energy trust holdings tend towards that also.

regards
Kastel