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re: BOIL has become predictable

Posted on 2/13/14 at 10:30 am to
Posted by I Love Bama
Alabama
Member since Nov 2007
37733 posts
Posted on 2/13/14 at 10:30 am to
quote:

DGAZ at $3.70. With warm weather ahead, I think it is time to jump in.


Can you tell me why? Explain like I am a 4 year old.
Posted by TheBigHurt
Houston
Member since Feb 2010
2378 posts
Posted on 2/13/14 at 10:44 am to
Heaters run off of natural gas. Due to colder than expected Winter, the U.S. has dipped hard into our storage causing nat gas prices to rise. A/C's run off of electricity. U.S. produces an abundant amount of nat gas. With warmer weather the price will come down. Profit

Simple supply and demand issue. Last April DGAZ hit 22ish.
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