Post by
Oldnagger on Jan 18, 2024 9:50am
Wait for 10:30 EST
If I am right , the draw will be much greater than 161 BCF . If it is less them run for the hills LOL
Comment by
houbahop on Jan 18, 2024 9:56am
But the next three draws will be much less because of super warm weather. January starts to look like the warmest on record in the US. Isn't it a bit too late to run for the hills?
Comment by
liljohnnyjoke on Jan 18, 2024 9:59am
This number will only be up to Jan 12 so the polar vortex had hardly begun in USA The number for this week ending Jan 19 with a whole week of deep freeze wont be out til next Thursday when its a relative heat wave for late January.
Comment by
dandu1924 on Jan 18, 2024 10:22am
But the freeze time does not last long and you can not make some profit just in fews days or weeks. And continue to pay dividend with the debt is not sustainable.
Comment by
liljohnnyjoke on Jan 18, 2024 10:38am
draw looks like -154bcf, the hills it is, NG prices tanking further now
Comment by
Oldnagger on Jan 18, 2024 10:41am
From Boereport Meanwhile, U.S. gas output dropped by 17.0 bcfd from Jan. 8-16 to 90.6 bcfd on Tuesday, its lowest since December 2022, according to LSEG, due primarily to freeze-offs, which occur when wells, pipes and other equipment freezes.29dk2902l