The Golden Lounge

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Bearish on natural gas the next two weeks .... From what I've noticed, power burn is the biggest influence on short term price movements for natural gas. Particular during the non heating season, currently storage is in a reasonable place compared to the 5 year average, but these hurricanes reducing power burn in regions where most of the demand comes from this time of year is critical. This will likely push the inventory levels to the brink of bearishness on the very short term.