Energy Prospectus

Opening Prices:
> WTI is down 38c to $42.55/Bbl, and Brent is down 41c to $44.96/Bbl.
> Natural gas is up 0.2c to $2.428/MMBtu.

Strong resistance for WTI at $43.
Natural Gas Strip looks a heck of a lot better than it did a month ago. All of our "gassers" can now lock in over $3.00/mcf for December to March and over $2.75 for the full year 2021. A month ago that was just a "wish".

Closing Prices:
> WTI prompt month (SEP 20) was down $0.35 on the day, to settle at $42.58/Bbl.
> NG prompt month (SEP 20) was down $0.074 on the day, to settle at $2.352/MMBtu.

I heard that the jobs report was disappointing, but each close for WTI over $42.50 is good IMO since my Q3 forecasts are based on $38/bbl WTI.