Post by
kavern23 on Apr 18, 2022 7:31pm
Alberta...
Does anyone have a handle on Alberta's supply situation?
hard to get data on. What is albertas storage situation like....
I don't know tbh...other then it looks like at least 2 bcf a day more per day is being exported to USA.
Makes sense that 2 bcf can throttle Aeco prices up alot.
Key will be how long USA will continue to need this 2 bcf.
NG has always had problems sustaining a long term rally as suppply just jacks up.
Comment by
Oilpig1 on Apr 18, 2022 8:33pm
Your reading to deep. To focus on those Numbers, your telling me the market is perfect. It's not, it's very irrational. I have studied these numbers up, down and sideways. A report may, briefly drop the price for the day, but the overall trend continues. All that matters is does the r2 value indicate we are trending or range bound.