Is it all weather? If supply averaged 2 BCF/day more in whole of 2007 then that is about 700BCF, how come we are at so levels of storage. I think you are missing the demand picture completely. Ethanol distilleries continue to expand, New power generation is mostly NG and coal is now more expensive than NG. In the first week of february Raymond james predicted we would have 4 TCF plus of storage in october. Ha. They look like jackasses now.
Zman's Energy Week in Review [View article]
I think you are missing the demand picture completely. Ethanol distilleries continue to expand, New power generation is mostly NG and coal is now more expensive than NG.
In the first week of february Raymond james predicted we would have 4 TCF plus of storage in october. Ha. They look like jackasses now.