OTCPK:BKBEF - Post by User
Comment by
Oldnaggeron Feb 04, 2021 8:01am
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RE:Watch US natural gas storage reports
RE:Watch US natural gas storage reportsSee celsiusenergy.net , unless the eia numbers prove otherwise, the estimated real time inventories are finally scheduled to fall below the prior years today. Quite an achievement considering one of the warmest winters on record in North America. Won't be much longer till inventories dip below the 5 year. After that not only higher nat gas will be needed to stem the continuing decline but also much higher WTI to bring back the associated gas production . That will require lots of time as PDP reserves have been severely depleted . Incredible to think how long it takes investors to wake up to these facts.!! perhaps by next winter when they turn up the thermometer and nothing happens they will start asking questions.