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marek
Heavy Crude
Joined: Jul 21, 2004
Posts: 327
Location: Chicago, IL
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 Posted: Sun Feb 13, 2005 9:22 am Post subject: Weather and natural gas |
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| I know this article has already been posted on the front page, but I believe it merits serious discussion. With US natural gas supply stretched to its limits, it either means electricity price increases (due to A/C demand) or, if prices don't rise and destroy demand, we may witness blackouts. |
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Cyrus
Intermediate Crude
Joined: Jan 25, 2005
Posts: 627
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| Posted: Sun Feb 13, 2005 10:16 am Post subject: |
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| When is this proposed to happen? |
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0mar
Light Sweet Crude
Joined: Oct 12, 2004
Posts: 1647
Location: Davis, California
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| Posted: Sun Feb 13, 2005 11:23 am Post subject: |
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It is happening now.
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Joseph Stalin
"It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything. " |
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Jack
Dark Lord
Joined: Aug 11, 2004
Posts: 5123
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| Posted: Sun Feb 13, 2005 7:53 pm Post subject: |
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I think you'll see price increases.
Interestingly enough, MissingLink pointed out that we may be past midpoint on conventional oil. Another thread discussed how China faces a shortage of coal.
It appears that a trifecta of some sort is being hit. 
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Dieoff. Fun to watch. Better with hot buttered popcorn!  |
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