Long Run Explor Ltd Ord WFREF

RE:Cold winter - great for N.Gas

[99999gold]

JohnJBond wrote: Here is a Nov 29 2014 weather forecast which suggests colder than average temeperatures for the NE US (the key area for N.Gas consumption).

Oil is lower in price than last year - there will be less shale drilling in the US - this means less associated gas production.   

Reduced production, and high consumption, is very bullish for N.Gas over the winter period.

https://boston.cbslocal.com/2014/11/29/eye-on-weather-2015-winter-forecast/

bullish as in it pops from here to 4.50 or higher? 

I'll wait to buy nat gas when it drops futher to 3.55-3.60 range then I'll be bullish all the way to 4-4.15, until then it's short 8-10% at least over the next few days - 2 weeks.