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


To: William JH who wrote (40795)3/24/1999 9:32:00 PM
From: gpphantom  Respond to of 95453
 
Is this a goofy statement or is it just me? I understand the reduction of gas drilling and its affect on inventory but decreased deliverability? What does deliverability have to do with anything? Just being critical out loud.



To: William JH who wrote (40795)3/25/1999 6:07:00 PM
From: Douglas V. Fant  Respond to of 95453
 
WilliamJH, Agreed the markets in natural gas will tighten within the next 18 months or sooner. Indeed natural gas prices are not declining much percentage-wise currently in the traditional springtime "off-season" for gas sales. IMO The drilling to support current natural gas usage rates is not there in North America even if all 544 of the currently active rigs in North America were searching for natural gas.......