simmons & company international energy industry research david a pursell dpursell simmonsco intl com w mark meyer mmeyer june 6 2001 ryan e zorn rzorn natural gas market update positive outlook in spite of current weakness confidence the us markets has been rocked by large early season storage injections even though prices have remained resilient near 4 mcf range many analysts are concerned that underlying fundamentals deteriorated due to significant production increase response record drilling activity and or permanent demand side although we continue remain cautious term next few weeks may soften maintain conviction longer sound specifically from remains elusive both specific reports broader regionally reported data much bcf day indicated higher than normal april can be explained price sensitive either fuel switching manufacturing sector estimate 30 000 mw fired power generation will add
