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

To: GaAs52 who wrote (83724)	4/28/2007 1:20:52 PM
From: quehubo	Read Replies (2) \| Respond to of 206338

While feeling the heat and discontent about being wrong as a short, you might want to do some home work. Take a look at the 12 month rolling average increase in ng consumption for power generation on page 5. Two similar Summers and Winters so y o y 700~bcf is quite a number. Between 500-700 bcf of incremental supply will be required each year for power generation. eia.doe.gov LNG will be a bigger factor late in 2008 but I dont see ng prices moving much away from $7-9 on the twelve month strip for long.