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

To: quehubo who wrote (121785)	6/20/2009 3:06:57 PM
From: Ed Ajootian	1 Recommendation Read Replies (2) \| Respond to of 206347

que (or anyone), what's the situation up in Canada re: their storage levels relative to average and capacity? I don't have source for that stuff. There's a guy (gas000guy) that posts on the IV CWEI board but I don't really understand his data very well. The drilling in Canada has dried up much more than here in the US. They just finished their 12th straight week with under 100 gas-directed rigs, a level not previously reached since rig counts had begun (in '98). Usually this month is when a lot of the gas-directed rigs come back online, once the spring break-up period is over. So far this hasn't happened much, it will be interesting to see what happens over the next few weeks. Robry's data shows net imports from Canada to be higher this month than last month, but unless there is some max storage situation going on up there I would be surprised if imports increase much more given the dearth of rigs going.