Fooled

Alaska Local Governments Want North Aleutian Basin Drilling Ban Lifted

A group of Alaskan natives and local governments warned President Bush Tuesday not to be fooled by others “masquerading” as locals who are against lifting the drilling moratorium in the North Aleutian Basin, which includes Bristol Bay, in southwestern Alaska. Reports that the president plans to issue an executive order lifting the ban on drilling in the area have prompted letters from several coalitions with opposing views on the matter.

December 7, 2006

Analyst Predicts 3 Tcf in Storage by Nov. 1

Don’t be fooled by the 269 Bcf (26%) gas storage surplus compared to the five-year average of working gas levels, analysts at Raymond James & Associates warned in an equity research note last week. The gas market is tighter than those numbers would suggest, and “weather-disguised tightness should begin to show up soon.”

April 18, 2005

Analyst Predicts 3 Tcf in Storage by Nov. 1

Don’t be fooled by the 227 Bcf (22%) gas storage surplus compared to the five-year average of working gas levels, analysts at Raymond James & Associates warned in an equity research note on Monday. The gas market is tighter than those numbers would suggest and the “weather-disguised tightness should begin to show up soon.”

April 12, 2005

Cash Price Rebound, Screen Volatility Surprise Some

More than one trader got fooled trying to predict Thursday’s market. Sources had been near consensus Wednesday in expecting that day’s price slide to continue. Instead, cash quotes managed a fairly strong rally, rising between about a dime and a quarter nearly across the board. Only a nickel loss at the Algonquin citygate ran against the overall market grain.

December 20, 2002