EIA see much tighter U.S. ngas market

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dan_s
Posts: 34723
Joined: Fri Apr 23, 2010 8:22 am

EIA see much tighter U.S. ngas market

Post by dan_s »

"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
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34723
Joined: Fri Apr 23, 2010 8:22 am

Re: EIA see much tighter U.S. ngas market

Post by dan_s »

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
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