More on Nat Gas, storage in Canada etc. Some info about natural gas this year, versus 2016. The "worthless" NG according to a few trolls is 50% higher on average price the first quarter of 2017 vs. the first quarter of 2016.
Beyond this fact, let's see some more data:
For example, the drop in storage from September 2016 to March 2017, was from 810 to 477 bcf, a drop of 333 bcf.
The previous year, with a similarly warm winter, the drop was only 140 bcf.
Lower storage level > more bullish for NG.
For more, follow the link below:
https://www.cga.ca/wp-content/uploads/2017/04/Chart-1-Natural-Gas-Storage-new.pdf