Post by
Farmer12 on Jul 20, 2021 5:29pm
August nymex
August Nymex natural gas futures up 15.2 cents today. This is a windfall, today and for the future if it continues. Normally the summer months allow injections into storage for winter heating in the Northern Hemisphere. Seems like normal size injections will not happen. This spike might blow up and over soon,or go a lot higher? NG producers must be really enjoying these prices and pondering if they have enough confidence to throw a dividend bone to shareholders. Good times my friends!
Comment by
Grandcentral on Jul 20, 2021 7:16pm
Exactly. It's all about production and selling price. The future is bright. GLTA https://www.naturalgasintel.com/august-natural-gas-futures-rally-again-lifted-by-forecasts-for-more-heat-storage-concerns/