"The EIA estimates that US natural gas inventories will be 3,861 Bcf by the end of October 2017—0.70% lower than the five-year average."
If this happens, we will see ngas over $4.00 with first cold wave of the next winter.
http://marketrealist.com/2017/04/decodi ... yptr=yahoo
EIA see much tighter U.S. ngas market
EIA see much tighter U.S. ngas market
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: EIA see much tighter U.S. ngas market
AR, GPOR and RRC are all trading close to the bottom of their 52-week range even though the natural gas and NGL market in the U.S. is in MUCH BETTER shape than it was a year ago.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group