RE:RE:You were asking about Hedging EffectHi Walter: When you read the second quarter releases and financial report you will see that there is both a hedging effect and a volume effect. Overall when demand is strong for their products the overall pricing environment has a positive effec ton their volumes and their earnings - the effect of the hedging is that they do not make out like bandits when prices rise but also protect themselves if prices fall. There is very strong demand and volumes will be strong. Also the majority of earnings now over in utilities will soldier on with growing demographics and more recuperable investments into preventing as many leaks. The land they purchased at Ferndale recently also augers well for future investments. I think we will soon hear more talk of their hydrogen plans. Cheers John