Mmbtus

During the great Rocky Mountain region price depression of theearly 90s, MMBtus were going for pocket change; producers werelucky to get a buck for an MMBtu. Today they are enjoying justunder two bucks. The average price for gas at Opal, WY, in 1998 was$1.81 slightly down from the ’97 boom year ($2.01/MMBtu) but stillin gravy-land. The Rockies have enjoyed two years of relativeprosperity, but some say “look out for what’s ahead.”