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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (40304)	10/27/2003 11:40:39 PM
From: energyplay	Read Replies (1) \| Respond to of 74559

In North American Natural gas, we are seeing demand destruction, near full storage, and not cold weather yet. I expect we will see dips in E&P stocks, and possible dips in royalty trusts. Looking out to Spring, production is still declining, so unless we have a very warm winter, we will be okay. It's interesting that after being happy with NG prices in the $3.00 range, people are worried about the price being under $4.50... Isopatch has a good comment - Message 19439335