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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Wizzer who wrote (5348)	8/25/1998 8:28:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 24899

Wizzer, I think the problem with crude is that it can get here by boat from people who are desparate to send it here. Gas on the other hand cannot get here by boat. At $13.00 per barrel of crude gas has to sell above $2.00 per MMSCF just to be equal in BTU value. Add all the pollution and refining differences and gas is under priced relative to crude. Therefore, if we get an increase in energy demand this winter gas will benefit preferentially. Bob