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To: Shelia Jones who wrote (19903)4/21/1998 10:29:00 PM
From: Chuzzlewit  Respond to of 95453
 
** OT **

Hi Shelia! What a great example of a gap up (for us anyway)! That made my whole day.

TTFN,
CTC



To: Shelia Jones who wrote (19903)4/22/1998 12:06:00 AM
From: Shelia Jones  Respond to of 95453
 
Natural Gas News

Tuesday April 21, 11:43 pm Eastern Time
RESEARCH ALERT - DMG raises U.S. natgas outlook
NEW YORK, April 21 (Reuters) - Deutsche Morgan Grenfell analyst Michael Young has raised his U.S. natural gas price forecast for 1999 by $0.35 to $2.50 per million British thermal units and is looking for $2.70 in the year 2000.
-- Young said in a research report that U.S. natural gas demand could surge by 700 billion cubic feet to 23 bcf in 1999 as the economy keeps on a growth track and winter temperatures return to normal after the El Nino effect.

-- He sees natural gas supplies diminishing and producers cut capital spending plans due to lower cash flow.

-- Says that Canadian imports are not a threat, noting that it seems likely the Viking Voyager pipeline will be canceled.