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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (38423)	1/13/2005 10:11:00 PM
From: quehubo	Respond to of 206209

For one I think last years demand response to the weather was quite bullish. Two this relieves significant concerns that not only will we have a warmer Winter than last one but also as Lehman indicated that the demand response will be weaker. Three there are numerous changes from year to year that can change the ratio. Fuel switching, industrial price sensitivity, much higher LNG, much higher drilling well completions, etc. I looked at 6 weeks for comparison, 5 of those reports were in months where prices were much higher than in 2004. So if the weather demand response is similar, and we had enough demand destruction to make a very large fill into storage, where is the demand coming from now? There was allot of concern that the freed up supply (reduced demand) during the injection season would not be offset during the Winter draws.