Natural Gas Prices
Posted: Thu Oct 02, 2014 2:43 pm
I am short-term slightly bullish (we may see a weather related spike to $5.00), but my outlook for 2015 (beyond Q1) is quite bearish.
Watch this video:
http://www.thestreet.com/story/12899956 ... _ven=YAHOO
We will reach the beginning of the winter heating season with ~300 bcf less in storage than we started last winter. Last January, ngas spiked to $6.00 for a couple weeks. If we get a cold December, we should get another big spike. However, I cannot see it lasting unless the winter is much colder than normal.
Watch this video:
http://www.thestreet.com/story/12899956 ... _ven=YAHOO
We will reach the beginning of the winter heating season with ~300 bcf less in storage than we started last winter. Last January, ngas spiked to $6.00 for a couple weeks. If we get a cold December, we should get another big spike. However, I cannot see it lasting unless the winter is much colder than normal.