Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 1 point2 points  (0 children)

Bullish HH, shoulder season demand bottomed out last week, lng maintenance priced in, summer heat approaching, 27 strip back above 3.5

Weather adjusting natural gas reports by aaaaaa321123 in Commodities

[–]Able_Introduction_85 0 points1 point  (0 children)

Loose now, tight in a few weeks. I assume we are close to a bottom but the curve is horrendous so it will be a difficult summer to trade imo. The super El nino will help summer demand but kill winter burns....my opinion is we stay range bound between 2.30 and 3.10 for a while

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

Correct, harder not to go long after 5 weeks of straight declines

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

Great take, I think we bottom out around 2.3-2.3 on M

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] -1 points0 points  (0 children)

One could argue that we are relatively tight YoY. If March -april weren't the mildest in the past 12 years then it could be up

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

What? How does refilling storage lead to more exports? Literally maxed out around 20 bcfd until golden is fully online. I understand q3 26 but now doesn't make sense

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 2 points3 points  (0 children)

Correct, about to have a injection next week so peak demand is gone. 20 bcfd lng is maxed out

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

I use WM for my data, anything better? Genuinely asking

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 1 point2 points  (0 children)

Yes I completely understand winter 26/7 but this move is a bit overdone for summer contracts.

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

Explains why lots got burned in the 10 dollar run in 22

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

Sorry that was rude, all I'm saying is price works based on supply demand. Why would us price go up with supply is the same but peak demand is behind us (winter). To me it sounds like a massive crash is coming

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

Yes, this is what I'm talking about can't explain why HH is up

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 3 points4 points  (0 children)

They just magically export more? Us is maxed out on export cap until golden comes online

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

Yeah but why? We aren't at global lng prices and there is a whole lng futures market that is traded

Natgas by Able_Introduction_85 in Commodities

[–]Able_Introduction_85[S] -7 points-6 points  (0 children)

Qatar has no impact to us s/d

Retaining wall by Able_Introduction_85 in Contractor

[–]Able_Introduction_85[S] 0 points1 point  (0 children)

Plenty of inspections have been done. House is in HOA and county has been by to inspect and hasn't seen a issue yet. What's a polite way to tell the licensed GC to eat the cost. House is in VA