It will take time for this to sink in, but if U.S. natural gas production declines in Q1 it will have a positive impact on the price.
From OilPrice.com: U.S. Gas Output Takes Time to Recover.
"As swathes of gas-producing basins have cut production by as much as 30% during the severe cold, prime amongst them the Appalachian Basin, it seems the rebound to pre-freeze levels will take several weeks if not months as U.S. production seasonally dips in the new year."
This is why I expect natural gas prices to go up
This is why I expect natural gas prices to go up
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group