Released on = August 2, 2006, 7:54 am

Press Release Author = Econ Corporate Services, Inc

Industry = Energy

Press Release Summary = High Summer Temperatures Create Power Grid Pressure -
Blackouts Have Many Anticipating Natural Gas Price Volatility


Press Release Body = NaturalGasStocks.com Reviews the Impact on Natural Gas Prices
as Air Conditioning Usage Escalates During Summer Heat Wave

High Summer Temperatures Create Power Grid Pressure - Blackouts Have Many
Anticipating Natural Gas Price Volatility

POINT ROBERTS, Wash., Delta B.C., August 2, 2006 - www.NaturalGasStocks.com (NGS)
and www.OilandGasStockNews.com (OGSN), global investor websites for the natural gas,
energy and oil industries, review the impact that the high summer temperatures
potentially will have on natural gas prices. As a result of the recent heat wave
more and more consumers are turning to their air conditioners for relief, placing
additional pressure on the power grid. With natural gas used to power a significant
portion of U.S. power plants, the increased demand for electricity has the potential
of overcoming the supply surplus created by a mild winter and placing upward price
pressure on natural gas moving forward.
As a result of the severe heat wave, felt last week on the West Coast and recently
across the Midwest and Northeast, the U.S. has been faced with blackouts leaving
thousands without power and making conservation a necessary defense against further
outages. As the pressure to the power grid continues, many are speculating on the
impact this will bring to the natural gas market and its overall pricing moving
forward. In the short term, the prices have escalated generating its largest gain in
over a year, but the impact on the price of natural gas as we continue throughout
the summer is yet to be determined as many variables remain.
According to Paul Branagan, President and CEO of Petrol Oil and Gas Inc. (OTCBB:
POIG), "By this time last year the energy markets were already impacted by 3
hurricanes ripping through the Gulf with the worst, Katrina, yet to show itself.
This year the marketers are now influenced by uncertainties in global political
issues, the extreme heat waves that have been devastating the highly populated areas
of the Midwest and Northeast and the yet to occur hurricane season. So to no one's
surprise these significant concerns have marketers nervous and responding by raising
the price of natural gas futures which incidentally appears almost insensitive to
falling but nonetheless record natural gas storage levels."

"With all of that said, the market may find considerable volatility over the next
month as some of these concerns begin to resolve themselves and the real impact on
supply and demand can be assessed and quantified. Thus all the producers like Petrol
can do is forge ahead as fast as possible trying to assure the demand side that
supply will be available given their worst fears," adds Branagan.

With the hurricane season underway, one that many have forecasted to be highly
active, there is the potential for further escalation of natural gas supply
pressures and a greater likelihood for future price increases leaving us once again
at the hands of Mother Nature. With much uncertainty, many industry experts expect
volatility to continue.

Paul Flemming, Energy Security Analysis Inc.'s Director, Power and Gas Services,
describes, "The key word is volatility. There's a sense of near term demand that has
been driving the market right now. Last's weeks draw was the first time this has
happened during this part of the season. We were expecting a summer rally, but this
is coming on a bit stronger than expected. Despite the last few weeks of solid
demand we are looking for full storage by the end of the season."

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NGS and OGSN also include one of the most comprehensive free oil and gas stock lists
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http://www.naturalgasstocks.com/Companies/NaturalGas/Stock_List.asp

Featured Oil and Gas Portal Sponsors: (OGSN and NGS are compensated by POIG as
indicated in disclaimer below)

Petrol Oil and Gas, Inc. (OTCBB: POIG) For more info click here:
http://www.NaturalGasStocks.com/Petrol_Oil_and_Gas/Default.asp

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For more information contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com
Web Site: www.InvestorIdeas.com

Source: NaturalGasStocks.com, Petrol Oil and Gas



Web Site = http://www.naturalgasstocks.com

Contact Details = Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@investorideas.com, or afleming@investorideas.com
Web Site: www.InvestorIdeas.com