A couple of interesting articles, the first contains a number of points .....
Good Ng article - U.S. natural gas: so much they'll be giving it away
North Dakota Ng processing reduces flaring - ref DJ comments month or so ago
These are not big numbers, but clearly not in a direction to boost price.
CeeJay, et. al.
This is from the first article. Never heard of this sort of thing and clearly do not understand it !!!
"Utilities are contractually obliged to inject and draw agreed amounts of gas from storage each month. Faced with hefty fines for holding too much gas in storage -- up to $10 per mmBtu -- companies can be forced into emergency sales."
Does anyone understand the above ????
It seems there is a "big storage issue/crunch" coming around end of March if we don't see some pretty serious cold weather to boost demand over the next 2 months.
I keep fearing that "rubber band" and every day the price drops some more !!!!!!!
Happy Trading !!!