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re: BOIL has become predictable

Posted on 4/22/14 at 2:52 pm to
Posted by TheBigHurt
Houston
Member since Feb 2010
2379 posts
Posted on 4/22/14 at 2:52 pm to
I hope that the record injection EIA report is right on... I have had a tough time trusting the government though. Wouldn't producers benefit from dragging out the injections, keeping gas prices high (making more money?)

I'm hoping for a cool summer (less gas used for electricity / power grid) and record injection as I am pretty heavy in DGAZ around 3.70 in my fidelity play fund. Hope to see 7-8 dollar levels come July/Aug.

Hopeful! LEGEAUX!!!
Posted by L S Usetheforce
Member since Jun 2004
22806 posts
Posted on 4/22/14 at 3:34 pm to
It is a double edged sword Hurt, you can drag out your injection and lose profit and current price or you can pull as hard as you can to make record profits.
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 4/22/14 at 3:55 pm to
I would love to see a hot summer with record injections... show the market that power producers can and will switch back to coal at the drop of the hat.
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