Shale Gas is LESS of a problem in a Hurricane
Canadian Imports are down due to price (picking up at $4.80 or so)
Storage is still 15% higher than 5 year average
Warm weather of last two weeks is moderating for the next three weeks
Global Economic issues are probably curbing growth and as a result NG usage
Risk aversion of "financial" buyers of NG futures??
Production increases as price goes up??
LOTS of GAS around
So what are the positives!
Expected Warm Weather
Active possible hurricane year
DSR Group
Canadian Imports are down due to price (picking up at $4.80 or so)
Storage is still 15% higher than 5 year average
Warm weather of last two weeks is moderating for the next three weeks
Global Economic issues are probably curbing growth and as a result NG usage
Risk aversion of "financial" buyers of NG futures??
Production increases as price goes up??
LOTS of GAS around
So what are the positives!
Expected Warm Weather
Active possible hurricane year
DSR Group