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Thursday, 10/20/2022 9:33:14 AM

Thursday, October 20, 2022 9:33:14 AM

Post# of 864
Nothing makes sense to me anymore lol. Natgas price in the low 5's, inventories building around the globe, europe natgas prices plummeting . . . and yet, the prices of natgas stocks are holding up rather well. SD is well above it's low of late Sept.

Could be that the market is anticipating the re-opening of two big LNG facilities here in the U.S, but those haven't happened yet and this administration is incredibly negative toward fossil fuels, so I'll believe the re-openings AFTER they've happened :

https://www.hellenicshippingnews.com/freeport-lng-prepares-to-resume-service-after-lengthy-outage/

Never know how much of this stuff to believe anymore.
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