Re: Nat. Gas, BNGO, BINGO, BINGO !! :)/CeeJay

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In Response To: Re: Nat. Gas, BNGO, BINGO, BINGO !! :) ()

Hi CeeJay,
Keep paying attention as you have.
I think that a lot of what happened to Ng price last few days and tonight is the activities in Europe.

French bank SocGen is reportedly selling off/closing out it's Ng interests in the US to meet recent changes in the bank requirements. This appears to include bringing gas to market to exit storage leases which will depress the price (at least temporarily). Likely worth following the storage estimates as they start to come out tomorrow.

Not sure how much of this is already now priced in nor how much gas is involved, but I'm sure the "big players" do !!!!

Take care,
Lee

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Nat. Gas, BNGO, BINGO, BINGO !! :) *LINK*

Re: Nat. Gas, BNGO, BINGO, BINGO !! :)

Re: Nat. Gas, BNGO, BINGO, BINGO !! :)/CeeJay

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