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San Juan Basin Royalty Trust Message Board

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  • hotpanera2 hotpanera2 Aug 25, 2004 8:47 AM Flag

    pretty good short

    While I do not know the extent of it, a certain amount of substitution already exists with no need for capex. For example, my co-op building in Manhattan can switch from oil to NG just by flicking a switch. Under current pricing, it's obvious that those who can switch to NG this winter will do so. This should help the ratio decline as NG prices rise.

4.66-0.08(-1.69%)Feb 5 4:02 PMEST