Savvy Trades and Investments

[littlejohn]

Natural gas...super high heating bills now hitting

in February after cold blasts drove

up demand in January...

Domestic heating bills are based

on peak demand pricing and not the

future's market pricing...

Last week the U.S. natural gas liquid

exports were up over last year in the

weekly inventory report from EIA...

And natural gas price in future's market

still kept dropping...

Money in motion moved into oil future's

driving up that price even with seasonal

low demand, so the natural gas pricing

is left trying to suck hind tit...

Money flow should bounce back into

N G for a day or two if oil price retreats,

but hard to count on it lasting...

A lot of oil traders seemed to have bit on

that ground hog predicting early spring...

Easy reason for oil price rising out of the

blue with winter still present and accounted

for in many areas...

I really don't think the consumer prices

benefit from El Nino as much as the

hype is out there...

Sure didn't in our bills for January...

Inflation, very low refinery activity is

driving up gasoline prices and not the oil

price trailing it...that is known...

So we watch...LJ