We are a little below the 5 year average storage level. I wonder how much of what we are seeing is de-leveraging from hedge fund redemptions? We are only in the first inning of the hurricane season. Volitility rules the day.
I think it's a time to buy nat gas stocks, not avoid them. That drop in nat gas price is overdone. It's now even farther undervalued in relation to oil than it was a month ago. And more telling, I think, is the charts of stocks like CHK and CXPO - way oversold, with MACD lines looking like they are rounding under and the stocks resisting drifting lower even as nat gas prices continue falling.
News 
Market Data 
Discover 
AI
