Replies to post #14931 on Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

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SH....here are a few interesting SA articles

In this article Forbes gave no mention of shortage of natural gas
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134276100

yet here SA says
Hurricane Harvey could well cut more natural gas production for a more extended period of time than any hurricane in recent memory
Summary

Natural gas production could be lost for weeks, or even months, from the devastating impact of Hurricane Harvey.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134207321


Here SA reports:

Harvey could impact LNG shipments on a short-term basis.
Only to find out Chenergie has no interuptions in Houston area nor in Lake Charles area.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=134236906

Here is an interesting fact from SA

Harvey also had a noticeable impact on natural gas exports - particularly LNG and pipeline exports to Mexico. According to Marine Traffic data, not a single vessel has departed from Sabine Pass since Aug. 23. We have also calculated that exports to Mexico were down some 50% from the recent peak. Overall, total exports fell almost 20% WoW and were down some 5% YoY.
Celsius Energy reported Sabine Pass is down in export for 8 of last 11 weeks......11th smallest weekly tally in the last 6 months.

According to this graph by CelsiusEnergy the drop in exports began around 7-30



Some very interesting facts.....from different perspectives
I guess you can draw your own conclusions from the articles


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This is spot prices on Friday






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From a midstream perspective, it’s too early to assess Harvey’s impact but most pipelines run underground and “should therefore not have material damage except where exposed, such as near river crossings,” according to Goldman. “Some midstream operators have preventatively shut-in gas/NGL/crude pipelines...but most have continued to run.”

gasoline refineries are a different matter.....they have been affected.....most are shut in



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