GREY:BXEFF - Post by User
Comment by
borne2runon Jan 05, 2017 7:58pm
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Post# 25673179
RE:RE:The weather
RE:RE:The weathercondor wrote
..odds are that the cold snaps will be short lived this winter
Really?
And just where did you find those odds?
Since November, all the weather models have been predicting a colder than normal winter in North America.
There is even a derivative bet where traders can play the over / under for the end of season storage.
The over / under is currently almost 1 TCF lower than 2016's ending inventory.
The structural set-up for natural gas prices is very bullish this year.