OTCPK:BKBEF - Post by User
Comment by
navajojoeon Jun 06, 2023 3:59pm
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Post# 35483119
RE:RE:RE:RE:RE:Natural gas
RE:RE:RE:RE:RE:Natural gas High storage numbers always equates to low prices, which encourages consumption, which helps bring down the storage number. But we have become dependant on LNG flows out of the gulf coast recently, and Europe's storage is also high, which could put a dent in that demand.
I remain bullish for next winter, as has always been my target, but there are a few more questions-without-answers than I had last fall. PIPE's revised guidance along with the winter-that-never-was created that uncertainty.
But like Seppelt said, if one didn't have hope, it would be insane to be invested in this, or any other nat gas stock.