Peyto Exploration & Development Corp T.PEY

Winter weather

[houbahop]

To add to the pain, NOAA is forecasting another week of scorching hot seasonal weather:

https://www.cpc.ncep.noaa.gov/products/predictions/814day/814temp.new.gif

There is a high probabilty gas storage pierces through the 5-year maximum range before the end of the year. With european and asian storages almost topped, North America's production making new highs, there is a potential to have a crisis as seen in the Spring of 2020 in the oil market.

If (and this is a big IF!) a short term situation like this would happen, I am convince the timing would be good to buy some cheap producers to be stored in the long term drawer.

Be there, get prepared.

[Frankystars]

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