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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (7426)	9/24/2006 12:24:04 PM
From: Jon Koplik	Respond to of 33421

On the topic of nat. gas crashing / wiping out know-nothing hedge funds ................................ On CNBC a few days ago, someone said that some natural gas (in the Rocky Mountains region) was transacting that day at (only) $1.50 per 1000 cubic feet (or maybe per million BTU). (He did not say which, but these two units of measurement are very close). Jon. P.S. I am aware that people can mis-report nat. gas prices by including or not including transportation (pipeline) charges. I hope and assume that this guy was reporting a relevant price.