A lot of ng exists. Further pricing pressure coming? Summary. Working gas in storage was 2,729 Bcf as of Friday, January 20, 2023, according to EIA estimates. This represents a net decrease of 91 Bcf from the previous week. Stocks were 107 Bcf higher than last year at this time and 128 Bcf above the five-year average of 2,601 Bcf.
https://ir.eia.gov/ngs/ngs.html
of course people are trained to follow storage levels? Justifications for pricing...
strorage levels, weather, shutdowns, production, volumes of import/export, economic factors(recession, depression, strong economy), etc...
the narrative pushers have a lot of ammo so they can manipulate you the way they want...bah, bah, says the sheep.
a lot of excess gas available now? Tightening of disposable cash due to interest rates and inflation? What do you think really will occur?
it will get very interesting.