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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (3129)	3/30/1998 11:39:00 AM
From: Michael T Currie	Respond to of 4736

Zeev, BTU - the quantity of heat required to raise the temperature of one pound of water one degree Fahrenheit at or near 39.2 degrees F. MCF - 1000 cubic feet of gas at 60 degrees (?) F. As far as I am aware, the 1:1 relationship of BTU and volume of gas is pure coincidence. They are entirely different measures. As for trading gas, I know that there is a futures market pegged to prices at a terminal in Louisiana (I think). I think it would have to be based on BTU value, since that is the ultimate measure of its worth - much the same way that different oils trade for different prices depending upon their characteristics. Couldn't say about a symbol, but WSJ or similar should be able to tell you. Hope this helps. Mike