Wise Observer

Forex Charting Lesson: Chapter 1 - Introduction

We made our Technical Analysis lessons as simple as possible for easy understanding. There will be as much graphs and step by step guide as possible. We believe that the basic is the most important step to understanding TA - with these basics, you can move on to read some of the more advanced books in the market. But what we can say is that - you do not need to. With the basics + your own experience = You can develop your own set of proven tools. Lets start with Chapter One.

Technical Analysis an Art or Science?
It started more as an art and has became more scientific due to rapid development in computer technologies.
It will remain an art with greater scientific underpinning.

Technical Analysis (TA) Vs Fundamental Analysis (FA)
FA = Gives the causes of price movement
TA = Studies the effects of price movement

TA and FA are mutually supportive in the long-term but when it comes to short-term theres usually conflicts.
FA tends to be economic in nature and will not be able to forecast non-economic events such as political and other crises which often move financial markets.

Guidelines in using Technical Analysis
- TA is based on evidence, not logical.
- TA is based on probabilities and same as HYIP investment - theres no gurantee.
- Do not have the ONE tool mentality. TA is able using a combination of the tools available.
- When a tool/technique is proven to be successful, try to use it more often and improve it.

http://hyipfarm.com/blog/index.php/2005/11/13/chapter-1-introduction/

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Machine-accessible sports betting internet sites are nowadays governed with the assistance of 3 administrations. These administrations are OSGA (the Offshore Gaming Association), the IGC (Interactive Gaming Council) and finally the Fidelity Trust Gaming Association FTGA. free sports bet book product

The OSGA are a self regulating “watch-dog” body that currently watches the current overseas betting trade, they intend to also give sports gamers the means to choose honest internet organizations to play gambling games with. The OSGA labors to assure client’s rights, also they do not demand any enrollment dues. The association are a well-qualified and unbiased third party agency that reveals unprejudiced points of view, founded around your feedback, unbiased analysis, telephone calls, inside prompts and in addition provides inside gossip.

The Interactive Gaming Council is a nonprofit organization. The organization was founded to allow a platform for involved participants to discuss subjects and also to advance communal worries in the worldwide web-based gaming trade, to ensure scrupulous and competent business instructions and patterns which aim to raise end user trust in interactive gambling commodities and utilities, and in addition to work as the betting industry’s inclusive policy advocate and it also functions as a data clearinghouse.

The IGC have established a regard for reliability, right conduct also believability through the rigid moral code it exhibits, and its allure for ethical concerns. The IGC governs overseas gaming by means of using an original 10-point series of standards and charges gambling businesses license fees for featuring their logo. Disenchanted clients can, should they need to, report their challenges to the Interactive Gaming Council.

The Fidelity Trust Gaming Association has been established in order to construct a benchmark which will raise the standards of world wide web based gaming operations. The agency understand that by partnering exclusively with respected sites, they can create a membership of the most trustworthy and most competent online betting businesses multinationally. To summarize, there are councils which manage the practises of computer accessible sports gaming and which should function to allay a lot of the fears due to the apprehension felt by detractors. Computer accessible sports betting websites are entirely safe, now that private data should not be required also the returns not to mention the gambling odds should be just as equal and fair as a common Vegas-style sports bet. They cut traveling time, but maintain the essence of a familiar Vegas-style betting site, only today you can wager in the comfort of your home.

There are many different ways to invest in world markets: stocks, bonds, mutual funds, options, commodities or currencies. Sometimes people refer to these options as investment vehicles (or method of investment). Some of these vehicles may fit your personal characteristics or lifestyle better than others. The point is that no matter the method you choose to invest, the goal is always to put your money to work so it earns you a profit. Even though this is a simple idea, it is the most important idea you should understand.

Second important idea you should understand is that investing is not about gambling or betting. It is about money management, compounding and psychology. Investing in the world markets, of course, worth learning. The rewards will far outweigh the required effort.

It is impossible to accumulate all the information about investing in one site as it would result in a huge library of tens of millions pages in it. HeYou can find books to read, video courses to watch for your personal financial education at www.RichTrack.com.

Typical mistakes to avoid

1. You shouldn’t allow banks, or investment professionals to push your money in directions you don’t understand. No one knows better than you what is best for you and your money.

2. Many investors fail because they invest “on the fly”, without the benefit of any pre-determined trading plan. It is critical to have a complete, thought out plan of action before starting investing.

3. Trading against a trend. Trend is your friend. Investors who ignore price trends when trying to pick a stock’s peaks and bottoms are rarely successful.

4. Not adhering to a money management. Remember, money management and asset allocation strategy has significant impact to your investing success.

5. Lack of discipline. It is essential to have a list of rules that must be followed strictly.

Written by Helen Peshkova, RichTrack.com.

http://www.RichTrack.com is one of the first business oriented education portals. It’s the leading online business information network for millionaires. The goal of RichTrack.com is to present business content in a professional, helpful and practical format that helps you getting rich.

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Escrow - The Insurance for Angels By William Cate

Anyone who invests in any speculative venture that lacks a business plan will lose his money. After carefully reading the company’s business plan, anyone who doesn’t demand structural changes in the offer will probably lose all of his money. One of the essential structural changes in the business plan should be that the investor’s money is escrowed until the company raises the needed funds.

One Investor To The Next

Many startup company promoters live from one investor to the next. In essence the first investor pays the costs of finding the second investor and so on. At no time is it possible to implement the company’s business plan because the company will never have the money to fund it. Let’s assume that the business plan requires $2 million to fund. The promoter can only find two investors a year to risk money in the venture. Without the escrow clause, the promoter can live off the $200,000/year employed finding the needed two investors for the following year. In 10 years, the promoter has raised the two million dollars and may have $10,000 in the bank for the project. Of course, the promoter has lived well on the investors’ money for the decade, but the investors have nothing for their money. Escrowing your risk capital ensures that the promoter isn’t living off of it. Also, it tends to encourage the promoter to find the needed investors quickly, since he or she can’t access the money without raising all the needed funds.

A Simple Escrow Agreement

This type of escrow agreement is simple. Your money and that of other investors can’t be released until the Escrow Account has the specified funding required by the company’s business plan. The Escrow Agreement has a fixed date upon which the Escrow will end. It’s usually a year or two after the Escrow account is setup. On that date, you and any other investors will get your principle refunded in full if the account hasn’t reached its funding goal.

Total Loss Protection

There is a second escrow agreement that will protect you against a total loss of your risk capital should the company’s business plan start to falter. The basic claim in any well-written business plan is that the company will do this and something positive will result. Then, the company will do the next thing and something positive will result. There should be at least five of these phased events outlined in a good business plan.

A wise investment group uses an Escrow Agreement to tie their funding of the company to the projected positive results in the company’s business plan. The business plan states that it will take X dollars to achieve the results projected in Phase 1 of the business plan. Once the money is raised, the escrow agent releases to the company the funds required to achieve Phase 1. Assuming Phase 1 results are as expected, the Escrow Agent releases the money for Phase 2 and so on until the money is expended and the Startup Company becomes operational. If the promoter fails to achieve any phase, the investors can either terminate the funding agreement or decide to go forward. This escrow formula gives the investors insurance against a potential total loss of their risk capital.

Choose Your Escrow Agent Carefully

Who should be your Escrow Agent? Usually licensed attorneys and Certified Public Accountants are your most cost-effective solutions. Be certain that the Escrow Agent has Errors & Omission Insurance. It protects you against an Escrow Agent mistake. Banks also usually offer escrow services, but at rates that are often prohibitive.

If you give your money away without insurance, don’t expect to get any of it returned to you.

The Value of Gold in a Era of Paper Assets, Stocks, Bonds and Mutual Funds…

The facts behind the increasing demand for gold and silver, rare coins, and historic collectibles from the U.S. Mint…

No other substance on Earth embodies the unique characteristics of gold. Its yellow lustre and beauty are unsurpassed. Since the earliest days of man, it has been admired, molded, shaped, and worn as a symbol of wealth and good taste.

The romance and lure of gold is enhanced by its historic use as a storehouse of wealth. Gold’s value is intrinsic. Its value is a measure of the true wealth and the stability of national currencies the world over. Throughout history, every paper currency has become totally worthless over time; yet gold remains.

The precious metal gold cannot be created or destroyed or altered. It forever remains one of the most liquid investments with no geographic boundaries. Gold is bought, sold, traded, and stored in most parts of the free world with complete privacy. Likewise, U.S. gold coins enjoy many of these unique advantages.

In a world where paper currencies come and go, where paper money can be depreciated 25% to 30% overnight, the price of gold cannot be manipulated by any single nation or borrower. On the contrary, gold is the foundation of today’s world monetary system.

Acquiring U.S. gold coins put you in great company through American history. Prior to 1933, all U.S. paper currency was backed dollar for dollar by gold reserves. Today, paper dollars are backed only by a government promise, nothing more.

For investors who value gold, they recognize the safety, privacy and instant liquidity of U.S. gold coins. As official legal tender, each coin has a guaranteed weight and gold content.

Numismatic coins, especially the pre-1933 U.S. gold coins are highly sought after by asture collectors and investors for more than their pure gold content. The Saint-Gaudens, the Liberty series, and the Indian Head U.S. gold coins are admired and collected worldwide for their historical significance, beauty, and rarity.

Unlike gold that is minted by the tons annually, U.S. Gold coins minted prior to 1933 have a fixed and limited supply. No more will be minted ever and the older they get, the more highly prized they become as important pieces of American history.

We hope your visit will encourage you to add more rare and valuable U.S. gold coins to your collection and to learn how to build sets that will appreciate in value and be greatly admired for many generations to come.

By STEVE RENNER

Steve is the ceo of cashgcards-goldlynks
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this article is free for distribution

Financial statements are a useful tool for judging the health of a company, and for comparing it to its competitors. They show what the company owes and owns, the profits or loses it has made over a given period, and how their position has changed since their last statement. Generally if you can tell which direction a company is heading in, you can also forecast future stock prices with some accuracy.

Gaining a basic knowledge of financial statements, and applying this knowledge when choosing or assessing investments can help you pick tomorrow’s winning stocks, while avoiding tomorrow’s losers.
Of course, financial statement analysis will not always factor in significant news events, unexpected incidents, changes in management, and other factors which may influence share prices, but it provides a starting point from which to gauge the present value of shares, independent of future occurrences.

The following report details some simple financial statement explanation and analysis methods. Although the topic can get much deeper and more complex, this article is designed to give investors the ability to understand the numbers and simpler of financial ratios, and be able to use that knowledge to assist them to make better decisions when doing their due diligence.

Balance Sheet

The balance sheet shows a company’s financial position at a specific date, usually the last day of the company’s fiscal year for annual reports. One side of the balance sheet shows what the company owns and has owing to it, called assets. The other side represents liabilities, which are what the company owes, and also has shareholders’ equity, which represents the excess of the company’s assets over its liabilities. Shareholder’s equity is often referred to as book value.
Total assets are equal to the sum of the company’s liabilities plus the shareholders’ equity. In other words, take away liabilities from assets and the remainder is what value is owned by the shareholders.
The Balance Sheet can be used to uncover the value of the company, the debt load, and cash position.

Earnings Statement

Also called the Income Statement or Profit and Loss Statement, it shows how much revenue a company received during the year from the sale of its products and services, and the expenses the company incurred due to wages, taxes, operating costs, etc… The difference between the two is the company’s profit or loss for the year. The amount left over after taxes is the net earnings.

Net earnings are basically saying how much money the company ‘really’ made over the course of the year. Some companies can have low earnings if they used much of their money for research and development, to acquire other companies, fuel aggressive growth, move into new markets, etc, which is much more favorable than if the company had low earnings because they didn’t generate many revenues, their expenses were too high, etc…

Statements of Changes in Financial Position

This shows how the company’s financial position changed from one year to the next. Also called the cash flow statement, this details how the company generated and spent its cash during the year.
This statement can be used in evaluating the liquidity and solvency of a company, and to assess the ability of that company to generate cash internally, to repay debts, to reinvest in itself, etc…

Sources of Financial Reports

Certainly you can get financials from the companies themselves. Most will gladly fax them to you, or mail you their latest quarterly and annual reports.

However, a faster way to access the information can be by Internet. For example, go to Yahoo.com and choose stock quotes. Enter the ticker symbol for the company you are interested in, and Yahoo will provide its most recent press releases, which will include past quarterly and annual reports with the financial statements. You can also check the previous reports to compare which direction the company is moving in and look for trends (i.e. increasing debt load, unpredictable earnings, decreasing revenues, erratic revenues, etc…).
There are also many other Internet resources which provide similar information, such as wsrn.com, bigcharts.com, (canada-stockwatch.com for Canadian issues), etc…

Comparison Shopping

To familiarize yourself with some of the numbers, try looking up the financials of three companies you own or are interested in.

(Balance Sheet) Which of the companies has the greatest long term debt load? Do any of the companies have greater current liabilities than current assets? Compare the current share price to the shareholder’s equity (book value): is the share price much greater or less than the book value?

(Earnings Statement) What were the revenues of the most recent year (or quarter) and does the number represent an increase or decrease from the previous period? How much money per share did the company earn (or lose) in the most recent period?

(Statement of Changes in Financial Position) Has company debt been increasing or decreasing? What was the greatest expense the company incurred according to the statement?

Decision Making

Understand that financial statements can provide investors with a partial fundamental snapshot of a company. They only represent one piece of the puzzle. Remember that, while financial statements can help investors compare several companies, comparison is limited only to the numbers provided.

In other words, you can see that one company made money while the other lost money, but you don’t know which has the better technical outlook (based on analysis of the trading chart), which is a potential takeover target, which will have the best future earnings, etc…

As well, the impact of financial statements tends to be long-term as it relates to share prices. Four quarterly reports showing increasing earnings may push the stock into an upward trend as the market begins to recognize the fundamental improvements of the underlying company, but one quarter of increasing earnings may or may not have a significant impact on shares.

Therefore, most investors use financial statements as part of a greater overall decision making process. Certainly, though, an understanding of and familiarization with the data can benefit any investor who takes the time to make educated trading decisions.

Important Points

Many growth companies don’t need nor are expected to have positive earnings. Instead, they generally accumulate debt as they focus on research and development of new technologies, aggressively move into new markets, fight for market share with competitors, etc… Other companies with minimal growth prospects on the other hand, have more importance placed on actual earnings, lowering operational costs, etc…

Be sure to understand what numbers are important and unimportant to a specific company based on their situation and the position they are in. This can be done easily by going to wsrn.com and doing an industry comparison on the company in question. Do companies in the same industry seem to have positive earnings, or is the focus on growth, research, etc… Are they a larger or smaller company than the industry average, and are they growing faster than the others?
Read the fine print to make sure the numbers you are reading have been audited, rather than being just company estimates, or unverified results. This generally is not something you need to worry about with most exchange-listed companies, but it is important practice.

Many annual statements will begin with positive news about sales or revenue increases, or other positive comments, but further reading reveals that the company actually lost more money, increased debt, or had a poor quarter or year. For most companies their financial statements are part of their promotional material and they need to make the information sound as impressive and positive as possible, even if the overall results were disappointing.

Be wary of one-time earnings or loses. For example, a company may win a huge lawsuit settlement and the influx of money gives them positive earnings for the quarter. However, how would they have done when the one-time extraordinary is ignored? Learn more at http://www.pennystockinsider.com.

Peter Leeds, one of North America’s leading Investment Coaches, is a self-made millionaire who has created his fortunes on the stock markets. He has also empowered thousands of individuals to do the same. He offers sites like www.pennystockinsider.com to help penny stock investors make wise decisions.

She is the most important person in your life. Maybe she picks you up when you’re down, or is the mother of your children, or just cares for you unconditionally. Or maybe it’s a combination of all three. Whatever your reasons are, the truth is simple and undeniable - you are crazy about her. So why not express your love with an unbreakable diamond ring? We all know that nothing melts a woman’s heart like diamonds, but the ring you select has to be a fit to her personality and style. In this article, we’ll give you some simple tips on making sure the diamond ring you give is one that takes her breath away.

The most important (and overlooked) aspect when it comes to selecting an unbreakable diamond ring is to keep your sweetheart’s tastes in mind. Many guys want to impress their woman by “picking it out themselves”. This often leads to a scenario where she “happily” accepts the ring. She may actually be thinking that she hates it, but will feel compelled to wear it because you picked it out with love. This is one situation you definitely want to avoid - and it is so easy to do

By keeping her in mind and paying attention to her preferences, you will express your love with an unbreakable diamond ring that she will adore. For example, watch her the next time a jewelry ad comes on TV or the next time you pass a jewelry store window. Pay close attention to her reactions to certain pieces, even those being worn by other people. Make a casual comment such as “Boy, that sure looks nice” and see what kind of response it gets. Women love to give “subtle” clues when it comes to diamond rings. Unfortunately, men don’t always pick up on them.

It is also important for you to take stock of the rings she currently wears. And we’re not talking her grandmother’s antique ring that she only wears on special occasions. You want to be taking note of the diamond rings she wears on a regular basis, as these pieces will be your guide to the diamond ring you select. She wouldn’t wear something all of the time if she didn’t like it, right? So, pay close attention to the style of diamond she prefers as well as the choice of metal (white gold, yellow gold, platinum, etc).

One last key piece of information and you’ll be ready to buy. It is helpful, but not necessary, if you can somehow find out her ring size. While she is at work or running errands, you could simply take one of her rings to the jeweler and voila! - you now have that mystery solved.

These tips will help you express your love with an unbreakable diamond ring that is sure to elicit a major reaction on her end. Remember, you don’t want to be the guy who just “picked it out themselves”. You want to be the guy that picked it out perfectly.

Hannah Roberts has an interest in Shopping & Retail related topics. To access more information on diamond man ring or on antique diamond ring, please click on the links.

Breakouts through resistance are the most desirable of all trade opportunities. (This discussion will be the buy opportunity discussion of breakouts. (An equal sell opportunity exists on breakdowns through support). A breakout is a penetration of resistance based on a pricing established over time with price reversals taken place at approximately the same price point in previous time periods.

Sounds easy. Well it sure sounded easy when that guy in the $1000 seminar told me about it. I also read how easy it was in the $90 book on trading that said would make me a wealthy independent trader.

Breakouts are wonderful if they continue. If they fail you can expect the pricing not to trend but to return to a range bound probably touching the lower pricing before it rises again. That price movement is probably beyond your stop loss and you will not be pleased.

This occurs more often than you want to believe. Since so many other people see the breakout they are as nervous about it as you are and you have a larger number of quick exits with the slightest wiggle. This is referred to as “buyers remorse” or a “bull trap”. What this really represents is a serious hit against your P&L.

Remember, breakouts are a product of an established range bound market. The continuation of the sideways market is the rule with a move away from support or resistance back into the trading range. That means a failed breakout is the rule. The breakout is the exception. Some traders believe the reverse is true. That can cost you a bundle of cash in trading losses.

Compensating for Disruptions in the Oil and Gas Industry

Hurricane Damage, Shut-Ins and High Energy Demands Put Pressure on Oil and Gas Supplies

By Ann-Marie Fleming, www.NaturalGasStocks.com, www.OilandGasStockNews.com October 2005

The domestic oil and natural gas sectors, as they work to compensate for the disruptions caused by Hurricane Katrina and Rita, are facing a variety of factors that will continue to constrain supply. On the oil side, refineries are believed to be playing a significant role in the industry’s inability to meet demand. While importing crude oil may help in raising supply levels, it still has to be refined before it reaches the market. With the Gulf Cost area representing almost half of the United State’s refining capacity, and pre-disaster refining levels already under serving demand even at almost maximum capacity, supply constraints have escalated as a result of the damage and shut-ins caused by the hurricanes.

The nation’s constraints on its current refining capacity have some anticipating an upward pressure on price levels despite recent declines. According to Philip McPherson, Director of Research, C.K. Cooper & Company, “Global oil demand is still strong, and I believe this recent sell off is a buying opportunity for investors. We still believe oil prices will stay well above $50 per barrel, and our 2006 price deck is $57.50.”

The production levels in the Gulf Coast area have experienced heavy disruptions that continue to plague the region. The Minerals Management Service (MMS) reported that the level of lost production as a result of Hurricane Katrina and Rita from August 28th to September 28th totaled 37.9 million bbl of crude and 180.6 bcf of natural gas.

In a discussion of the effects that the Hurricanes have had on energy supply, President George Bush stressed the need for additional refining capacity. “The storms have shown how fragile the balance is between supply and demand in America. I’ve often said one of the worst problems we have is that we’re dependent on foreign sources of crude oil, and we are. But it’s clear, as well, that we’re also really dependent on the capacity of our country to refine product, and we need more refining capacity,” stated the President.

Natural Gas Market

There has been an upward impact on the cost of gas supplies that have to be purchased post Katrina, as described by Mr. Jon Stoltz, Senior Vice President of Gas Supply and Regulatory Affairs for Cascade Natural Gas Corporation, a distributor of natural gas to residential, commercial, and industrial customers in Washington and Oregon. However, as Stoltz explains, “By locking in a large amount of supplies prior to the disasters, Cascade has been able to shield itself somewhat from the rise in prices that has taken place in the aftermath of the hurricanes.”

Kam Shah, CEO of Bontan Corporation, a natural resource company operating in the Louisiana area, anticipates a short-term shortage in the supply of natural gas as a result of the hurricanes as revealed by damage reports indicating numerous rigs that were either missing or destroyed, in addition to impacted drilling and completion operations for several companies suffering serious damage. Bontan was fortunate in that their drilling site was unaffected by both Katrina and Rita. Drilling for the Company resumed within 48 hours of the storms passing. “We continue to monitor the situation and are confident that the situation in Southern Louisiana remains dynamic,” states Shah.

“It is going to take a while for the industry to know the full amount of damage caused by the Hurricanes; we still don’t know how bad underwater pipelines were damaged. The tight supply of rigs and boats and personnel in general pre storms, is only making it worse,” states McPherson.

However as Paul Branagan, CEO of Petrol Oil and Gas, an oil and gas producer focused primarily on coal bed methane describes, “Americans are well adept at rising to a national challenge and the oil and gas industry has time and again demonstrated its creativity and ability to overcome significant difficulties imposed by all sort of disasters.

Winter’s Impact:

As we move into the colder months, with winter fast approaching, there are concerns regarding the additional price pressures that will be realized as demand for natural gas moves even higher.

The Natural Gas Supply Association describes weather as the most prominent factor in determining the nation’s ability to meet natural gas supply; unfortunately it is also the most unpredictable variable, an input further complicated by the anticipation of a colder winter than last year as predicated by the National Oceanographic and Atmospheric Administration.

It is believed by industry insiders such as Chesapeake Energy, the nation’s third largest independent producer of natural gas in the United States, that the market is currently experiencing a false sense of security, which is common in September and October as these are typically months with low demand for natural gas. As Aubrey McClendon, CEO of Chesapeake Energy explains, “There is no physical shortage today since we are just putting gas in storage. However, we are going to go into wintertime with our lowest amount of storage in three years. Offsetting that you have very high gas prices right now and the question the market is searching for is - have we forced enough conservation to offset the supply losses? Our view is that we have likely not done this, and now we are all in the hands of Mother Nature.”

“This damage may create a short-term shortage in gas supply at a time when demand is likely to peak due to the onset of winter, which may push gas prices further upward,” explains Shah.

In terms of how high natural gas prices can reach, the debate continues. Weather is the variable that can make all of the difference in future gas prices. “When you have a market that is perfectly balanced between supply and demand, a mild winter and a mild summer helps gas consumers and a cold winter and a hot summer helps gas producers. Whether or not gas goes to $20 this winter or whether it falls back to $10 is a function of what kind of winter we have and a function of how fast supply comes back online,” describes McClendon.

Working towards Recovery

Natural Gas Supply:

Given the EIA statistical data that indicates shut-in totals of Gulf natural gas supply for early October at approximately 7.5Bcfd, a reduction of about 72% of its normal capacity, on-shore producers will need to boost current production by about 17% to offset the shortfall of Gulf production, according to Paul Branagan.

“Petrol like most American independent oil and gas producers appreciates the need to do its part to increase supply and understands the urgency of the situation. Since Petrol’s CBM gas reserves are known and relatively shallow we are able to bring new gas into the pipeline within weeks. Our field operations teams will be hard pressed to meet a 17% production increase, but we nevertheless intend to meet that challenge though an accelerated drilling program inspired by the needs of the country,” states Branagan.

As the nation works towards meeting the continuous rise in demand for natural gas, further pressurized as a result of the recent disasters, the ability to increase supply in part rests on the pursuit of additional and diversified sources of gas. “It is our hope that in the wake of what will certainly go down as the most significant hurricane season ever to impact the natural gas industry, the nation will come to see the value of further diversifying natural gal supplies. America’s appetite for clean-burning natural gas is not shrinking. Without these additional sources of supply, the market will continue to be at risk for disruptions such as Katrina and Rita, and the higher costs that inevitable result,” explains Joseph A. Blount, NGSA Chairman.

Conservation:

In looking to ways to help alleviate price pressures and supply constraints that have been accelerated since the disasters, companies such as Cascade are looking to conservation efforts. “Energy efficiency and conservation are the most viable near-term tactics to influence current natural gas prices as well as a vital strategy for stabilizing the cost of gas over the long term. We are very pro-conservation and are pursuing de-coupling mechanisms for both Washington and Oregon that help in the recovery of fixed costs regardless of volumes, therefore creating a much better position to be able to promote conservation,” states Stoltz.

President Bush has called for all Americans to consider energy conservation as we head into what some consider to be an impending cold winter season, nevertheless as described by Mr. Branagan, circumstances dictate that this is also a time by which the non-effected natural gas producers are now challenged to boost production to augment that lost Gulf supply.

Ann-Marie Fleming

Ann-Marie Fleming completed her MBA in the United States, where she attended Webster University. She also holds an Honors B.A from the University of Toronto. She has over fifteen years of experience within the financial industry to include retail banking and brokerage, investment banking, and mortgage brokerage within the United States and Canada, with a firm background in corporate research.

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