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natty

Posted: Tue Jan 06, 2015 9:13 am
by setliff
with polar air spreading across the country can anyone explain why natty is dropping?

Re: natty

Posted: Tue Jan 06, 2015 10:43 am
by dan_s
There is a lot of gas out there. Price may be reacting a bit to the oil price. Lots of FEAR in this market, so it may take several weeks of big draws from storage to push natural gas prices higher. We definitely need a very cold six weeks to drain more gas from storage before Spring or else natural gas prices will tank in Q2.