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re: BOIL has become predictable

Posted on 7/15/15 at 5:13 pm to Bucktail1

Posted by jlu03

San Diego

Member since Jul 2012

3321 posts

Posted on 7/15/15 at 5:13 pm to Bucktail1

Put simply, I'm banking on a solid report tomorrow and it's hot as frick outside. There doesn't seem to be an end in sight to this heat. Hot = good for UGAZ

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Posted by sneakytiger

Member since Oct 2007

2474 posts

Posted on 7/15/15 at 6:21 pm to jlu03

FWIW I'm looking for gas to pull back to the $2.50 range in the next 60-90 days. Doesn't mean it won't touch $3.00 before then, but I think the shoulder season, Sept through Nov, will see us testing record inventory. Production hasn't flinched.

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