NAT GAS IS SUMMER STORY NOW NG inventories are high because winter never showed up. China and Korea are looking at NG assets now. Buy low ,sell high is the only proven way to make money and the Chinese and Koreans are adept contrarian investors.
The last two years natural gas spot price peaked in the summer. All over Ontario and most of the USA March temps are being smashed. I predict people in central Canada will be opening pools in April. The tornados is March and the early heat showing up about 6 weeks early are leading me to believe that Ontario and the northeastern United States hot summer last year is going to be the new normal. I am looking for temperatures to be smashed all over central Canada and the USA. By late April I think we will be getting the summer temps we had last year. Air conditioning will be going full tilt again this year over much of the States and Canada . I see a big spike in natural gas due to air conditioning demand. I see a drought for grain producers this summer and food prices to soar as a a result of this. FEL is ripe to be bought out and if some one is going to move they better move fast. When we hit 100 degree temperatures investors will see the savviness of those NG assets and I predict some take overs on gas weighted names before the summer heat wave is in full swing. I am going to buy breweries and may short a few food companies on rising transportation costs and higher soft commodity prices. Fill up your freezer now on frozen veggies . I expect to see sticker shock on grains and fruits and veggies this summer.