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Wednesday, April 19, 2006 3:36:01 PM
you're clearly a very bright person. I think you may not fully comprehend the looming supply/demand imbalance for natgas and the price implications said imbalance portends.
TX has already had two days over 100 degrees, so far, in April.
Most long-range extended forecast weather models are suggesting this will be the hottest summer in recorded history.
All the gencos are now firing their peak-load plants with natgas. Some even have most of their baseline plants using it, as well.
The soon-to-be-realised prices for natgas - I expect $20+ by some time in August - will drive crash programmes to put pipelines in place out to places such as the JDZ.
The world is soon going to be SCREAMING for natgas - from onshore, offshore, anywhere!
Calm equanimity; absolute arrogant certainty!
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