News Focus
News Focus
Followers 94
Posts 32546
Boards Moderated 2
Alias Born 10/29/2002

Re: C C post# 6239

Saturday, 10/01/2016 11:46:04 PM

Saturday, October 01, 2016 11:46:04 PM

Post# of 18980
La Niña will not come in like a lion cold because of the anomalies.

* Summer was extended
* Shoulder months were delayed
* Winter is also delayed

... And that is it.
Any amount of natgas that comes in and exceeds the demand is stored in an environment that is nearing capacity with no real demand in sight. Gas prices should drop.
After that you could expect export sales to ramp at such low gas prices and the price will take back off north.

* But whats the timing of it?
* Gonna play around with the 3 handle a while?
* Hard south decisive change?
* How about ladder down all the way into Dec?
* Train 1 comes back online?

Rhetorical questions that we all need to ask ourselves.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y