John Bougearel

Natural Gas Report: Winds of Change

Very nice chart on the suprlus to the 5 year average, I would not be surprised to see the next chart read "deficit to the 5 year average" rather than surplus.

I think legislatively increased mandates in the ethanol market will create a deficit in nat gas underground storage in 2008 and beyond for the foreseeable future - unless substantial new capacity comes on line via the new rockeis express pipeline that is just now opening in Jan 08.

John Bougearel
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