OTCPK:PDPYF - Post by User
Comment by
Kramerkarmaon Jul 16, 2020 4:26pm
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Post# 31278075
RE:RE:RE:Storage vs 5yr average
RE:RE:RE:Storage vs 5yr average
I think it's a coiled spring with longs sick of being bit so playing it safe. Europe storage looks better than ours (based on looking like it should need some gas by sept oct) I have a feeling when we have LNG + demand + low production (winter) the spring will unwind. But now my concern is if people think 2$ gas is normal 1.50$ low does that make them think 2.75 is high??? If so 2022 could be a great year price wise but 2021 decent but really not what we are all waiting for and therefor disappointing .... oil seems so much easier because opec and production falling faster.