RE:RE:RE:RE:NYMEX Nat GasTexas is throwing a monkey wrench in your predictions by doing their gas saver routine.
Not using gas to produce electricity, homes can't use gas to heat because no electricity. :o)
topdown99 wrote: Tomorrow will be an interesting day for NYMEX Nat Gas , it is trading at $3.28 this evening but $3.34 will be the price to watch as it's the next resistance level . The EIA inventory report should show a 300bcf withdrawl from storage on strong demand but next weeks report will be even crazier . Consider the huge demand over the past 6 days combined with the loss of production and next week could see a 400bcf withdrawl depending on LNG exports . Either way inventory is melting right in front of the bears and there is no end in sight . Tomorrow should be a solid day for all Nat Gas stocks