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To: JCS who wrote (26983)11/9/2003 3:22:22 PM
From: Jennie  Read Replies (2) | Respond to of 206085
 
I have a question. There are all of these predictions about the temperature for the winter. Well how much more does it take to heat a house with 20 degrees and no wind outside or 20 degrees and 20 mph winds? My house seems colder when the wind is blowing. Just a thought ...



To: JCS who wrote (26983)11/9/2003 7:17:25 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 206085
 
JCS, Not sure how you reached the conclusion you state from what followed. The key thing is that the NOAA, as many others, is saying that the weather for the Northeast is a crap shoot this winter. The Northeast is mostly all that matters because that's where the folks are.

So weather is now outta the picture for the winter -- to me that is great news. As long as they keep saying that kinda line I'm very happy to remain heavily invested in companies that depend on their success on North American natgas prices.

The point here is we don't need really cold weather to be successful in E&P investing, we just need to avoid really warm weather, and for now the fact that such weather is not considered likely is great news.