its actually scary--its months away-but someone will write a story that will gain traction regarding shortages for next winter--we might have it in the ground -but the infrastructure aint there to simply pump at will
Thats correct..And is why I said I am in this for the long haul.....Few producers will even bother to make a go at NG until it gets above 5...In fact thats conservative....Probably around 5.5-6 and stable you will find more interest. Yes, the market is slowing repairing this ...Give this a few quarters and NG will be solid...AND combine this with the completion of the ports in 15-16......Good way to double or triple your money BUT most people are after the quick buck, and don't have the patience or stomach for this....JMHO D
El Nino waether patterns upgraded to 50/50 starrting this summer. Basically means a return to hot global temperatures - hot summer, but milder 2014/2015 winter. Should also wreak havoc on ag commodities due to drought in parts of the globe and flooding in others. If true, this doesn'g bode well for a "quick" NG inventory replenishment.