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Natgas- how low will it go
Posted on 12/31/18 at 11:12 am
Posted on 12/31/18 at 11:12 am
What happened to all the national pundits preaching natgas to $5? Short term trend how low do you think it will go before winter increase?
4
Posted on 12/31/18 at 12:55 pm to TurtleSS208
quote:Are they the same ones who predicted last Spring that crude oil was going to approach $100/barrel by the end of this year?? It better hurry!
What happened to all the national pundits preaching natgas to $5?
Posted on 12/31/18 at 1:02 pm to TurtleSS208
It's entirely weather related. They will still have deliverability problems at demand hubs given low storage & maxed infrastructure when cold rips through high population areas.
If you see some serious HDDs cruise through the NE & south in February & March, it'll run.
If you see some serious HDDs cruise through the NE & south in February & March, it'll run.
This post was edited on 12/31/18 at 1:03 pm
Posted on 12/31/18 at 3:14 pm to LSURussian
I don't pay attention to the media so I don't know when the price prediction was said, but /NG reached 4.929 on November 14.
Posted on 12/31/18 at 5:54 pm to TurtleSS208
quote:
What happened to all the national pundits preaching natgas to $5?
Who in the frick was that?
Posted on 1/1/19 at 10:49 pm to TurtleSS208
You realize it was basically $5 this fall right?
I don’t follow it, but winter increase? It’s January now, we are a full month through the winter. Does it not usually spike for the winter we’ll before this?
I don’t follow it, but winter increase? It’s January now, we are a full month through the winter. Does it not usually spike for the winter we’ll before this?
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