RE:RE:RE:RE:RE:RE:Biggest volume in many years todayI think expecting $3 GJ AECO NG pricing on any sustained basis is very unrealistic.
Many NG producers are dirt cheap at $3 and $4 AECO, but NG hasn't averaged that, and won't average that for 9 - 10 months every year, and it MAY get to $3 in the peak demand months of Jan and Feb, if its really cold.
Spartan Delta is cheap at that NG price, so if you believe that NG prices will go higher than the futures curve and stay there fill your boots.