Tou back to $48 this week?I see Tou returning to $48 this week if NG prices and US cool forecasts continue for next couple of weeks. Looks like EIA will see at least 2 more and possibly 3 more 200 bcf draws in the next 2 weeks which will force them to adjust their forecasted eos inventory to less than the 5 year average.
Hedge Funds know they have to get out of their hedges well before Q4 earnings release and before the next special dividend. It is just a
matter of time before we hit $50 and shorters and hedge funds are forced to eat their shorts. Good luck Tou and Arx shareholders. Two best large NG producers in WCSB.