Re: Weather January 3rd-12th/CJ

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In Response To: Weather January 3rd-12th ()

Hi CeeJay,
Thanks for the Wx update.

I don't really have anything to say that I haven't said in earlier posts....
Production still high and mediocre consumption .......

Daily chart pretty flat over past week, but it is the holiday period.
Some Coal and Nuclear plants came back on line (out of maintenance) so will further reduce Ng demand.

Storage estimates seem to be in the 84 Bcf range for draw downs.
Interesting bounce in price this morning. ??

My guess is that some of the large consumers are juggling their positions a bit as F expires today. Still seems to be a lot of cheap gas hitting the pipelines that the storage operators do not want.

Take care,
Lee

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Weather January 3rd-12th

Re: Weather January 3rd-12th

Re: Weather January 3rd-12th/CJ

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