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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (2620)	10/28/2003 6:06:52 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 108672

Oh, I agree totally that a sizeable chunk of industrial gas demand is gone for good. Despite that, prices remain high. Could it be that generation AND home heating demand have more than picked up the slack (not to mention flattening production)? I think so, and unless "all regulatory disincentives to use of coal for power generation" (paraphrasing the article) are removed, prices will NOT come in significantly. And of course production increases are far from a sure thing. Taken together, I think gas is good to go for another 10-20 years (in its usual, manic depressive fashion).