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

To: gregor_us who wrote (106613)	8/5/2008 9:45:52 PM
From: ChanceIs	Respond to of 206184

>>> tight supply of NG/LNG in the GCC countries<<< Thanks for posting that very valuable information. I had heard that internal crude consumption was rising in many producing countries. I was caught completely off guard by the data about NG. Some consolation for we who held gas positions over the last week.

To: gregor_us who wrote (106613)	8/7/2008 2:13:38 AM
From: pogohere	Respond to of 206184

Re: energy use in S Arabia: A geophysicist employed by Aramco in S Arabia reports in response to your post and links: "It's all true. The Royals are passing on the wealth through low energy costs. And that certainly doesn't encourage conservation. It seems nobody wants to conserve. I was amazed at how many people in the US are still driving around huge pickups that just suck fuel. But I digress. The big reason for growth of demand in the KSA [the Kingdom of SA] is population growth. The average family has 6 kids. And they all need water and a way to get from point A to point B."