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

To: Frank who wrote (75803)	11/30/2006 9:43:30 PM
From: sammaster	Respond to of 206138

"2.2% total gas supply growth (based on 3% US onshore production growth, 2.5% offshore production growth, 2% reductions in Canada imports, flat LNG" dont see how we can get 2.5% production growth offshore this year with number of rigs dropping like a rock and depletion at 35%... maybe 2 big platforms coming on this year that were delayed by hurricanes?...this would only be a 1 shot boost and the following year would see huge drop in production...

To: Frank who wrote (75803)	11/30/2006 11:34:13 PM
From: quehubo	Respond to of 206138

These guys are paid to say something and they cant just say they dont know wtf to say now that they have been wrong for weeks. If there is so much supply growth what is going on with the weekly storage action? The draw was pretty good for a holiday period, 138 gw hdd should have been about a -41. But we have the holidays and wild swings in weather around TH F. I am getting more comfortable and expecting the draws corresponding to the next two weeks of normal to colder than normal weather to be better than expected.