Crew Energy Inc T.CR

Goldman Sachs turns bullish on Natural Gas

[BeatTheOddsSqua]

Interesting read on what Goldman is forecasting for natural gas in 2021.
[url=2021.https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Warns-Of-Bullish-Perfect-Storm-For-Natural-Gas.html]Foecast for Natural Gas 2021[/url]

[BeatTheOddsSqua]

Lets try that link again. [url=2021.https://oilprice.com/Energy/Energy-General/Goldman-Sachs-Warns-Of-Bullish-Perfect-Storm-For-Natural-Gas.html]2021 Price forecast[/url]

[BeatTheOddsSqua]

I will cut and paste instead! From Oilprice.com article. Goldman Sachs has flipped on their bearish natural gas stance to a bullish one.  Goldman's Samantha Dart's reasoning behind the view shift is due to a combination of factors including "supply disruptions, shipping delays, and strong LNG demand, supported by heavy nuclear maintenance in Japan and a cold start of the year

[Oldnagger]

Add to all that potential freeze offs in Norwegian gas supply as temps fall to minus 40 celsius.

[Oldnagger]

Sorry guys it looks like I fell for some fake news, Upon further research ,I can no longer find a reference to these extremely low temperatures. From now on I will increase the DD b4 posting !!

[Moemoney42]

This last sentence in the article is what I believe will push CR to the $1 mark by the end of Jan. 2021.. "And that surging cost could be coming home soon, as BAMWX's Hinz has pointed out, high impact cold and storminess across the eastern US and Canada is next?"

[gonatgasgo]

Thanks for sharing BeatTheOdds.  Another one bullish on nat gas.  I hope everybody is right since it starts to be a crowded trade.  It is unfortunate that North America cannot take more advantage of the cold weather in Europe.  The LNG export are the the max of 11 Bcf/d.  Does anybody know when there will be additional facility to export nat gas from North America to

[BeatTheOddsSqua]

I was focused on the part of the article that said: Supposedly, the smartest people in the room also believe there will be "significant upside to NYMEX gas prices this summer to help correct what we see as a 2.5 Bcf/d imbalance in the market through Oct21. Accordingly, we maintain our $3.25/mmBtu 2021 summer US gas price forecast vs. forwards at $2.80."  I was trying to understand