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otraque

04/21/04 11:41 AM

#10545 RE: was Steve #10540

Sununu just gave Greenspan a chance to say Market was wrong to react to his remark yesterday but Greenspan did NOT say Market was wrong---he said 'it might be wrong it might be right, i don't know' Sununu, smiled and said 'that was good:)'


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otraque

04/21/04 11:57 AM

#10548 RE: was Steve #10540

His comments on NGAS of note---he sees demand beyond are capacity to find new reserves and NGAS pricing could just keep rising and this can hurt economy.
He sees no solution but to open global market--we will have to increase imported NGAS.
This gets into a potentially nasty brier patch.