If you want proof that Wall Street does not focus on natural gas until after Labor Day: Natural gas price was up 2.5% today and all of our "gassers" stock prices went down.
Starting mid-August the 5-year average builds in natural gas inventories move higher, so the delta to the 5-year average should continue to decline. Sometime in September the storage level should go below the 5-year average.
Natural Gas Prices
Natural Gas Prices
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group