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Replies to #31027 on Cycle Trading

No-Quarter

04/27/24 11:24 PM

#31031 RE: dealerschool2006 #31027

Joey B has his hands all over this too. When he first put this ban on LNG exports in place, it was prefaced as a way to fight global warming. Now according to the below video, the story is 'red tape'. I'm guessing this will be unresolved long enough to keep the ban in place beyond this coming election (to appease his base).

jaws57

04/28/24 9:43 AM

#31033 RE: dealerschool2006 #31027

For sure Im watching the Freeport situation as that will spike price iniatially when it comes back on line.
Watch this chart for longer term picture/outlook. They are expecting the storage to top out over 4000mcf. A very hot summer could slow down the normal inventory build and be good for BOIL trades.