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To: Dennis Roth who wrote (93557)11/14/2007 5:22:33 PM
From: Dennis Roth  Respond to of 206184
 
Analyst and traders expectations for tomorrow's EIA report.
This should have been in my previous post, but, well, I forgot.



Dow Jones Survey -08 Bcf
Bloomberg Survey -09 Bcf
Reuters Survey -11 BCF
robry825 -17 Bcf



To: Dennis Roth who wrote (93557)11/14/2007 8:07:35 PM
From: elmatador  Read Replies (3) | Respond to of 206184
 
This is one reason why we need to be very diplomatic with our neighbors.

Chavez reviewing Spanish ties
Nov 15, 2007 8:56 AM

President Hugo Chavez warned he is reviewing Venezuela's ties with Spain, escalating a dispute that erupted between the former colonial power and the major oil exporter when Spain's king told him to shut up.

Chavez, who has nationalized swathes of the economy this year in a drive to create a socialist state, has demanded King Juan Carlos apologize for reprimanding him and threatened Spanish investments, especially in the banking sector.

...

Spanish telecommunications giant Telefonica is also a major mobile phone operator in Venezuela. Oil company Repsol too, does business in a country with some of the largest reserves outside the Middle East.

Spanish companies have invested $2.4 billion (NZ$3.1 billion) in Venezuela since the former paratrooper took office in 1999.

tvnz.co.nz

With neighbors like these, one should be careful. These guys can shoot their own foot on a daily basis. Any time anyone in Brazil says something about our neighbors (Bolivia/Venezuela) need to be put into the right contest: That is we need to manage the relationship with them.

Like Lula saying he wants to join OPEC to lower oil and other similar crap...

Until we drop them altogether... Like already started by saying no interest in Venezuelan gas recently. Of course it has nothing to do with the fact Brazil has got new discoveries. :-)

One should not give him what he wants: "Chavez relishes such fights because he uses them to fire up his support base among the majority poor at home with blunt rhetoric that plays on their misgivings of rich countries' investments in Latin America.

He needs to energize his supporters this month because he acknowledges there could be low turnout for the plebiscite."



To: Dennis Roth who wrote (93557)11/15/2007 4:51:24 PM
From: Dennis Roth  Read Replies (1) | Respond to of 206184
 
DJ UPDATE:US GAS:Futures Down;Northeast Forecast To Warm, Storage Surplus
futuresource.quote.com

Bloomberg: Nymex Natural Gas Falls on Ample Storage, Crude Oil Decline
bloomberg.com

---

Reuters: U.S. spot natural gas prices
traded mixed Thursday, with cold weather forecast for key
consuming regions of the nation late this week boosting prices
in the eastern half of the nation for the fourth straight day.
But traders again noted prices across the West, pressured
by fairly mild weather that has continued to curb demand, fell
for the second day in row.
www1.investorvillage.com

Physical Natural Gas Prices for next day delivery - Mixed, mostly up in the East and down in the West.
intelligencepress.com

---

GULF PRODUCTION MONITOR: November 15, 2007
bentekenergy.com

Independence Hub volumes have bounced back up about 114,000 Dth/d to about 802,000 Dth/d, and a number of pipes in the Federal offshore have joined in the increases today. Mississippi Canyon volumes have increased about 32,000 Dth/d but are still down about 317,000 Dth/d compared to where they were at the end of October prior to maintenance on Shell's Mars and Ursa platforms. Shell said Mars is still in the process of returning and Ursa remains shut in. However, Transco, Stingray, Destin and Gulfstream have posted gains today. Total Louisiana production is up 4% to 8.4 Bcf/d and total Gulf production is up to 11.4 Bcf/d.