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Re: Natural gas turns neg after inventory rept/Hal

Hi Hal,

Yes, and the trading was interesting both before and after the report.

My feeling was that if the build came in close to estimates it would be bearish and expected to see Ng go South, which it did for a bit. Now back in positive (pre report territory).

We'll see how the day plays out. Looks like the producers are shifting to more profitable liquids, the pipe lines are near "chock full/high pressures" and the nuclear refueling is not yet quite normal. Seems like the Electrical energy companies were/are "squirreling away Ng while the price was down" and delaying the consumption of the "make up gas" which would drive up the price.

An interesting Industry and Market !!!

Take care,
Lee

Messages In This Thread

Natural gas turns negative after inventory report *PIC*
Re: Natural gas turns neg after inventory rept/Hal
Re: Natural gas turns UP/M&A Activity/DAY/Lee *PIC*