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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (16095)	7/1/2004 2:55:10 PM
From: Thomas M.	Respond to of 110194

;-)

To: Knighty Tin who wrote (16095)	7/1/2004 3:52:25 PM
From: David Zgodzinski	Read Replies (2) \| Respond to of 110194

KT checking on gas storage numbers . . . For the last 10 weeks, the gas build has averaged 86.1 billion cu.ft./wk - that's just over 8% higher than the 5 yr. average build. Current storage totals are right at the 5 yr. average. There are over 1400 rigs turning in the US - about 150 more than there were this time last year, and last year was a pretty busy year for drilling. But gas is selling at $6.25/thou.cu.ft. That's getting close to twice the average price at this time of year in the past 5 yrs. tfc-charts.w2d.com And everybody's bullish. The market appears to be predicting a heck of a heat wave. How's the weather down there?