Some of our test wells are looking good. Natural gas prices continue to go up. Demand is going to increase, and supply is short because it's finite.

Near Albion, we have 30 to 50 wells to drill in a 20-section area.

Absent Rita, we should have seen gas prices continue to fall.

We continue to hear there's this pent-up demand for tickets and have never been able to test it.

I continue to believe that the effects of higher gas prices on the consumer are overestimated. Most of the important measures of discretionary spending such as furniture, lawn and garden and food sales held up nicely.

The fact that natural gas prices are competitive in California has to do with the lasting effects of the California energy crisis, which has continued to keep electrical prices high.