Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: gold$10k who wrote (6861)	1/28/2004 12:13:36 PM
From: isopatch	Read Replies (3) \| Respond to of 108928

Don't have to post them all. Just start with something in which you've finished buying the position. No one is asking you to shot yourself in the foot so some clowns can front run you, vt. Just feel RT disclosure is helpful to other threadsters who ALSO want to make money. JMVVHO, of course. You are free to post as you wish. I can't require other contributors to do what I do. Cheers, Iso

To: gold$10k who wrote (6861)	1/28/2004 12:51:58 PM
From: Roebear	Respond to of 108928

vt,NEW YORK, Jan 27 (Reuters) - Arctic temperatures have frozen natural gas production from some wells in western Canada, causing a spike in spot gas prices in the producing province of Alberta, industry sources said. Spot gas at AECO, the Canadian benchmark pricing point at a gas storage facility in southeastern Alberta, was averaging about C$7.95 per gigajoule as of Tuesday afternoon, up about 24 percent from Monday's average of C$6.43, according to Natural Gas Exchange (NGX). AECO gas traded as high as C$10.44 per gigajoule on Tuesday, said NGX -- a Calgary, Alberta-based gas exchange and clearing house. The temperature in Edmonton in south-central Alberta was -27 degrees C (-17 F) as of Tuesday afternoon, with an expected overnight low of -35 C (-31 F), Environment Canada said. The frigid temperatures, combined with a stiff wind that brought wind chills down to -50 C (-58 F), had frozen some production from Alberta gas wells, with temperatures deemed too low to allow workers to attempt to restart output, traders said. One Calgary, Alberta-based gas trader who did not wish to be identified said as much as two billion cubic feet per day of production from Alberta may have been shut in due to the cold. TransCanada PipeLines said that Alberta linepack, or the amount of gas in its Alberta pipeline system, was over 700 million cubic feet below target as of early Tuesday. The amount of linepack in the Alberta system, which moves about 18 percent of North American gas production, is a typical indicator of the amount of supply going into the pipeline. The frigid temperatures in western Canada were forecast to continue into the weekend, Environment Canada said. Traders said that while temperatures were not as cold in the U.S., there were also reports of shut-ins in the Midwest and the Rocky Mountain regions due to wells freezing. **** I seldom post RT. For one thing, I seldom have time, for another, I haven't sold anything for awhile, ggg. I will fess up I trimmed TGA hard first thing this morning to raise my own cash levels, probably buy back in when it finishes consolidating. Best Regards, Roebear