Wednesday, April 11, 2018

Natural Gas Storage in the East down to two weeks draw

This comment is only for earthquakes.  I have no stock in natgas.  If I read the charts correctly they only have 2 weeks left of storage at the current cold weather draw.  But I think we have 4 weeks of really cold weather left. 

This does not bother us in Canada, but natgas super-spiked in the spot market.  This should draw up the 3 month futures and natgas will be fracking heaven.  They'll give up injecting in Nebraska soon, and then it all goes to OK.

Next week we can expect our high rate, maybe even 'very high rate'. 

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