The Oil Drum | DrumBeat: June 16, 2006

236 comments on DrumBeat: June 16, 2006

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Francois on June 16, 2006 - 3:30pm

What they fail to mention is that they now count the base gas (i.e. the gas that HAS TO REMAIN BEHIN in the caverns to provide structural pressure and integrity) in Louisiana as part of the reserve. They did not used to do that - they used to count only the gas that they could actually use.

This is a 44% difference!!!

Go figure.

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Don in Colorado on June 17, 2006 - 4:03am

You haven't really picked up on the faith-based theory of markets, yet, have you, Francois?

[grin]

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236 comments on DrumBeat: June 16, 2006

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