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Enron Mail |
Vince-
I spoke with Roy Kass of the Energy Information Agency this morning. Apart from clarifying the timeliness, or lack thereof, of the published state-specific wellhead production estimates, he indicates their scientists find severe weather in the fields (freezes, hurricanes) to be a far more significant issue in production, and in wellhead prices, than is severe weather in the Northeast, for instance. Also, he agrees with you as to there being strictly increasing marginal costs in production, there being a rich texture of wells in terms of their efficiency, technologies, maintenance and investment issues. Clayton
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