The near-future for ng prices...from the JULY 6 edition of the G&M.
----------------------------------
"Storage is very close to a year ago and about 17% ahead of a five-year average," said Beth Sewell, a managing partner at Quantum Gas & Power Services. There is "plenty in storage with three more injection months to go," she said. The injection season, which runs from April 1 to Oct. 31, refers to the time natural-gas supplies get a chance to build in the run up to winter demand.
"There's no material demand in sight" for natural gas, said Sewell.
There are no storms in the Gulf of Mexico yet and "some forecasters are starting to think we may not have a series of very strong storms," she said