RE:RE:Tropical Storm IdaI understand perhaps more than you know.
1. USA & Australia are shipping as much Nat Gas as possible withe the facilities they have and that is a constraint to the degree that they have ships and processing at terminals. Australia has built 3 new terminals that were finished by 2119. Europe NG prices are $15.00 compared to $4.00 ish N.A. prices.
2. It has been a hot summer that fires up electricity plants.
3. N Gas is supplanting coal.
4. A very cold 2121/22 winter is in the offing with a Modoki La Nina now forming in the Pacific.
5. US storage needs to be topped up.
6.There is a big storm coming in off the gilf of Mex. causing the shut down of Nat Gas plants.
7. This storm is causing a meteoric spike in Nat Gas prices.
8. The current weather patterns are causing "looping" in the jet stream.
9. This winter if/when it persists will cause a breakdown in the Polar Vortex, which then spills very cold air across N.A., Europe and Asia. ThePolar vortex spins at about 15 miles high. When warmer air intrudes it causes the breakdown and spill of cold air. I beleive it will happen this winter.
Now if you are all pumped up about the recent Tropical Storm causing a spike in N G prices then go for it. Buy futures of UNG that tracks NG futures, buy more NG shares.
I've seen these spikes many times before but if you let your emotions run amuck, it may cost you??