RE:RE:RE:RE:RE:RE:RE:Time to unload some .......US natgas prices have to go up to incentivize producers to add rigs back otherwise the lost production from wells not brought on line will accumulate to the point where it will start having a significant mpact on storage. My guess is they need another $1 to $1.50 (November is $3.40 now). So as you can see, I see even more upside iwth US natgas than I do with oil.
Kelt has a lot of natgas coming on line in Q4 with Oak, and they have a lot of basis (HH to AECO) hedges. Higher HH bodes very well for them.