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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (10471)9/23/2006 7:25:36 AM
From: Condor  Read Replies (1) | Respond to of 11633
 
Thx ep,

That lag time is much what I expected and needed to know. So, lows on NG stocks might show up Nov. and god help 'em if the winter is warm. I could see the price break $4 if Dec and Jan are warm and thus buying ops supremo in the march april area. Lots of speculation built into that scenario however.

If 6000 cu. ft. of NG equate to a bbl of oil then am I right in calculating that 4.50 ng is about $27 bbl equivalent?

The looooow ng gas price is one helpful factor in heavy crude production in northern Canada I would think.

Will print out your post and keep it handy for the next few months.

Thanks again

C