AI
Monday, February 15, 2021 1:19:56 PM
I find this very interesting today. It seems to confirm NatGas prices are being held down.
Above pull quote from here;
https://www.zerohedge.com/energy/energy-emergency-texas-power-provider-warns-rotating-outages-cold-weather-tests-limits-grid?utm_campaign=&utm_content=Zerohedge%3A+The+Durden+Dispatch&utm_medium=email&utm_source=zh_newsletter
Yet the national spot price is up only ~3% today. Hmmm...
https://www.fxempire.com/forecasts/article/natural-gas-price-fundamental-daily-forecast-next-major-move-hinges-upon-10-15-day-weather-forecasts-700588
An updated version of the below chart can be found here;
https://www.fxempire.com/commodities/natural-gas
NatGas regional and local spot prices today are at 'Holy Sh*t' levels;
Above pull quote from here;
https://www.zerohedge.com/energy/energy-emergency-texas-power-provider-warns-rotating-outages-cold-weather-tests-limits-grid?utm_campaign=&utm_content=Zerohedge%3A+The+Durden+Dispatch&utm_medium=email&utm_source=zh_newsletter
Yet the national spot price is up only ~3% today. Hmmm...
https://www.fxempire.com/forecasts/article/natural-gas-price-fundamental-daily-forecast-next-major-move-hinges-upon-10-15-day-weather-forecasts-700588
An updated version of the below chart can be found here;
https://www.fxempire.com/commodities/natural-gas
My posts are my opinion. Always trade at your own risk.
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