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Royale Energy Inc. Message Board

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  • balegoba1966 balegoba1966 Dec 8, 2005 11:21 AM Flag

    Wild swings this AM

    Analysts expect the EIA to report a natural gas draw of about 120 billion cubic feet next week, about twice this week's reported draw. It is due mainly to the cold temperatures. Weather extremes not only increase NG use for heating, but also for electricity generation since peak supply is mostly natural gas fueled. All those furnace blowers humming away draw a lot of electric.

 
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