yet his price forecast from last week is 2.60ish for next summer...is that the struggle between bullish next summer but coming out of the winter with a lot of gas in the ground?

-----Original Message-----
From: Fraser, Jennifer 
Sent: Sunday, July 29, 2001 11:42 PM
To: Arnold, John
Subject: RE: did i tell you about my pira visit last week--shuttlesworth intends to give a bullish presentation at oct seminar


wrong assumption--he intends to come out as a big bull at this year's october conference --sees production treadmill scenario again--expects tightness to rear its head in h2-02. they have reduced their dwgom numbers in 03-05. he is still bearish this year thats it--he thinks time to get long is at 2.00$-----

-----Original Message----- 
From: Arnold, John 
Sent: Sun 7/29/2001 6:39 PM 
To: Fraser, Jennifer 
Cc: 
Subject: RE: did i tell you about my pira visit last week--shuttlesworth intends to give a bullish presentation at oct seminar