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

To: jim_p who wrote (26146)	10/5/2003 11:27:34 AM
From: quehubo	Respond to of 206325

Jim, my question was NGL which are being retained in gas raising supply about 0.7 bcfpd. This is a crucial part of the 3-4 bcfpd apparent excess. The other parts being some outright demand reduction, steady switching to #6 oil and when the price is right #2 oil switching. I am thinking of taking a stake in RRI, I sold my long shot HOFF last week. You may not want to be on a normal Winter, but with RRI you are betting on hot Summers accellerating the reduction of supply. I think 3 years to clear the glut is very optimistic unless the economy booms and Summers are hot. With NG scarce manufacturing is in decline and this does not help electric growth. Even 3-5 years is worth the wait for 1,2 or 3 baggers.