Polar Vortex

ChuckGeb · Post by **ChuckGeb** » Wed Dec 28, 2022 4:49 pm

Thought the polar vortex was to bring double digit gas prices, not sub $5. What happened. Well freeze offs mean less supply while furnaces were burning at full tilt. WTF!!!

dan_s · Post by **dan_s** » Wed Dec 28, 2022 7:03 pm

I agree. Holiday trading can be really weird. Let's give it a few more weeks before we write off 2023.

ChuckGeb · Post by **ChuckGeb** » Thu Dec 29, 2022 7:42 pm

Seems like current low NG prices could turn out nicely for CRK for the year end hedge settlements and also for year end mark to market hedges of companies who have NG ceilings or swaps at or below current pricing.

Fraser921 · Post by **Fraser921** » Thu Dec 29, 2022 8:10 pm

Some of crk swaps were at 2.50, they will be paying big bucks to settle those crap hedges

ChuckGeb · Post by **ChuckGeb** » Thu Dec 29, 2022 8:40 pm

If they settle at end of month or quarter they will pay a whole lot less than if gas were now $7 or $8.

Fraser921 · Post by **Fraser921** » Mon Jan 02, 2023 3:33 pm

Means get out of gassers

Ng will probably open lower

Houston residents will need ac on

Energy Prospectus

Polar Vortex

Polar Vortex

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Warm January