Ng glut!!

Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Ng glut!!

Post by Fraser921 »

Ng getting hammered with glut!
Sell the gassers!
Have a nice day!
Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Re: Ng glut!!

Post by Fraser921 »

Gassers must cut production Now!

Just 2% reduction would eliminate glut.

What’s wrong with these guys!!

https://x.com/hfi_research/status/1721581110323540389?s=46&t=pgzzFESpRCcPkSe1KLcphQ
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: Ng glut!!

Post by dan_s »

There is no "glut" of natural gas. The winter will begin with ngas in storage well within the 5-year range. If LNG exports stay over 13 Bcfpd all winter, they will get storage back to the 5-year average within a few months.

In November the weather forecasts drive the daily moves in the front month contract (DEC23).
Dan Steffens
Energy Prospectus Group
Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Re: Ng glut!!

Post by Fraser921 »

It’s worth a debate…the market is speaking

Crk is spending billions to maintain production and so are others. Again , I ask why?

These guys are making the same mistakes of the past.

Eu storage is full. We got more than we need.

If this happens and that happens that’s too many if’s , imho!

Respectfully submitted.
allen46
Posts: 135
Joined: Wed May 05, 2010 10:44 pm

Re: Ng glut!!

Post by allen46 »

Fraser - are you doing this is hopes of getting the NG stocks to tank? You provide nothing to back up your rants. NG is not in a glut. Lost respect for and the things that you post. NG is up in the last few months while oil is down. You have lost all credibility with me.
dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: Ng glut!!

Post by dan_s »

November natural gas futures prices are ALWAYS about the weather forecast.
Dan Steffens
Energy Prospectus Group
Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Re: Ng glut!!

Post by Fraser921 »

Allen, do you know how to read a chart? NG 9 to 3 in less than a year at beg of winter. CRK bullshits people, negative cash flow and you suck it all up , slurp slurp

You are in denial and rather than lashing out at me, you should have an open mind. You wouldn't have ridden down CRK from 19 to 11.

If you want to drink the bath water and live in an echo chamber so be it. that's your right.

I think an echo chamber is useless. Best posts are contrarian posts that challenge the narrative, including mine. Some EPG members have provided me valuable feedback that changed my thinking on many topics. I appreciate those greatly
Last edited by Fraser921 on Wed Nov 08, 2023 1:33 pm, edited 1 time in total.
Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Oil glut

Post by Fraser921 »

Allen back up your post. Prove we are not in glut.

>are you doing this is hopes of getting the NG stocks to tank

Do you really think I have that power to move prices? :lol:

the narrative we were going over 100. What happened to that one? everyone was saying that

We are struggling to hold 75

Have an open mind, sir

Dan takes a conservative stance with his investments. you should too and you wont get butt hurt when you lose your azz. :lol:
Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Re: Ng glut!!

Post by Fraser921 »

https://x.com/ronh999/status/1722340866818203819?s=46&t=pgzzFESpRCcPkSe1KLcphQ

You are welcome 🤗

https://x.com/gugo907/status/1722341227155292571?s=46&t=pgzzFESpRCcPkSe1KLcphQ

Europe

https://x.com/ronh999/status/1722342119245795419?s=46&t=pgzzFESpRCcPkSe1KLcphQ
Fraser921
Posts: 3018
Joined: Mon Mar 22, 2021 11:48 am

Re: Ng plunges

Post by Fraser921 »

not my words but some people need proof

https://seekingalpha.com/news/4031502-us-natural-gas-plunges-most-since-march-as-warm-weather-forecasts-continue?v=1699465990#comment-96540626
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