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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (25137)7/5/1998 4:09:00 AM
From: Jamey  Respond to of 95453
 
Gottfried, Today I saw an article in the business section of my paper. Oklahoma City. Article said spot NG prices for July was $2.32. They indicated this beats all records for gas prices during the month of July since 1990. The high prices are attributed to the countrys heat wave. Natural Gas is used frequently in boilers that supply the energy to run the turbines and generators that make electrical power to run large air conditioning systems.
I am holding a great gas producer and supply for the NorthEastern U.S. Petroleum Developement(PETD) currently at a new low of just under $5.00. C.K. Cooper recently rated their stock as being worth $8.00 a share. Its a solid company with good earnings.

Santiago