Gas Futures Outperform Oil Futures

Weekly Energy Outlook (10/24/2008)
"As of October 17, 2008 year-to-date, gas futures outperformed the oil futures, the Junior E&P index, and the other TSX Composite indices. Gas futures are down 9.3% year-to- date versus oil futures, which are down 25.1% year-to-date. The S&P/TSX Composite is down 30.9% year-to-date and the E&P subindex is down 32.6% year-to-date. Our Junior E&P subindex is down 27.4% year-to-date. Our international E&P subindex is down 44.4% year-to-date and our oilsands index is down 72.9% year-to-date."

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