Tag: natural gas storage
Natural Gas: Bottom In?
Last week may have been the turning point in the natural gas market… As you may know, this commodity suffered a heavy downturn in June and July. Relatively cool temperatures across key usage regions had cooling demand much lower than seasonal norms. As a result, natural gas producers were able to pile large quantities of […]
Will Bulls Take Natural Gas Higher?
Ask anyone who watches the energy markets and they’ll likely tell you the same thing… … It was a lackluster summer for natural gas. Ambivalent weather resulted in above average July EIA inventory reports. As a result, natural gas plunged from $3.80 mmBtu to $3.30 by August. The early summer drop was a surprise for […]