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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?

To: Just My Opinion who wrote (3248)	10/23/1998 6:32:00 PM
From: wayne	Read Replies (2) \| Respond to of 3817

THEY ARE PREDICTING HIGH DEMAND FOR NG IN CANADA THIS WINTER BECAUSE OF ABNORMAL COLD AND FEARS OF MORE ICE STORMS IN EASTERN CANADA.MANY PEOPLE HAD BAD EXPERIENCES WITH HYDRO AND HAVE CONVERTED TO NG. THE ALBERTA GOVERNMENT IS ALO WARNING CONSUMERS TO EXPECT CRITICAL NG SHORTAGES BY MIDWINTER BECAUSE DEMAND IS FAR OUTSTRIPPING INFRASTRUCTURE.CONSUMER GROUPS ARE ALREADY ASKING HOW CAN THE GOVERNMENT BE WARNING THEM OF IMPENDING SHORTAGES ON ONE HAND AND DOING NOTHING ABOUT IT ON THE OTHER. THEY ARE ALSO PREDICTING AN EVEN WORSE PROBLEM THE YEAR AFTER.THIS ALSO COMES AT A TIME WHEN A WORLD WIDE NUCLEAR POWER MORITORIUM IS PICKING UP STEAM. THE POINT IS IF I KNOW THIS SURLY EVERY ONE ELSE DOES. IN CANADA WHEN THERE IS AN ENERGY CRUNCH IN WINTER INDUSTRY GETS CUT OFF FIRST THEN THE USA. YOU CANT LIVE HEAR WITHOUT HEAT. SO WHY DIDNT NEVTAH DRILL AND GET IN A POSITION TO CAPITALIZE? Just some thoughts for Just. Wayne