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Re: DewDiligence post# 86

Wednesday, 06/10/2009 10:16:15 AM

Wednesday, June 10, 2009 10:16:15 AM

Post# of 30499
Dew -- One would think that the ratio is likely to drop simply because the ng price has dropped so much and there is a tendency to return to the mean. I'm just not sure what future ng supply/demand forces w/b in N. America.
--will the speculation re huge ng discoveries end up pushing the supply curve hard? People don't realize just how energy one TCF contains. I've read that it is enuff to supply the electric needs of a city of 5 million for something like 13 years.
--how much will ng demand grow? Will clean coal become a reality within next 3 to 5 years or will coal plants begin to switch to ng?
--how much will ng fuel American transportation needs in five years?
-- will ng begin to replace oil as heating fuel in the northeast?
John

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