Replies to post #5638 on 3rd Leg Trading

[C C]

may go out and buy a toboggan.....lol


would love to see snow
could it be possible this year

saw snow here about 3 years ago


cc

[C C]

thinking outside the box
if there is so much demand
then
why did the price of natty go down in almost all hubs

edit....
where is demand
question.....
why did the price of natty go down in almost all hubs
some hubs dropped as much as 7 %
demand for electricity in New England dropped 14.7 %
price at Louisiana hub is 2.96
of which
all hubs but one are lower than Louisiana hub price of 2.96

who knows for sure
watching natty this afternoon

see.....Select Spot Prices for Delivery Today....bottom right corner

https://www.eia.gov/todayinenergy/prices.php



cc

[C C]

But Loosening Supply/Demand Balance A Long-Term Concern

6:00 AM EDT, Friday, December 1, 2017
Natural gas put an end to its early-week rally with an emphatic 15 cent or 4.8% decline on Thursday to settle at $3.03/MMBTU. The loss was driven by the combination of a relatively disappointing EIA-reported weekly storage draw in this week's Report, expectations for an even more bearish draw for the storage week ending today, and computer model forecasts that trended warmer--or, more appropriately, less bitterly cold--over the last 24 hours for mid-December

by.....celsius


cc

[C C]

pre-market natty is 3.05

bid = 3.05
Ask = 3.05

edit.....

gappped up 3.101

cc