RE: RE: RE: bought more today.
LNL --- or anyone...
We have seen production levels dropping since we hit that record of 123 BCF. yesterday was 70 BCF - I am assuming this is production dropping off at what appears to be about a 10 - 20 BCF / week rate.
Anyone think we could spike up next week ? Or are we going to churn into September...
I realize I am asking the usual "crystal ball" question... but outlook indicators have turned down again and I am expecting the next month or two to start favouring the bear. However, not being an economist or serious trader, I am just listening to others opinions and both sides making pretty arguments.
Just trying to stimulate same discussion here as I believe Nat Gas is going to project itself onto the same outlook - whatever the heck that is.
thoughts ?