AM I seeing things, or is NG converging toward a fixed price? Volatility has been low for a year and a half and the trend of volatility has been decreasing. I'm no economist, but stable prices in commodities usually mean what? That supply is ample, and price represents only a small increment above the cost of production (so that production continues but that new production is discouraged)? In other words, no shortages, and nothing to suggest that shortages are likely, given what is known. If this is true then the only wild card is weather.