Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Natural Gas Futures - Jun 24 (NGM4)

Real-time capital.com
Currency in USD
Disclaimer
2.111
+0.017(+0.81%)
Real-time Data

Natural Gas Futures Discussions

I get the recent cold snap and missing low on the EIA last week, but it seems like exports (lng and mexico) have been the bullish justification for a few weeks now, how long until thats priced in? Lng has been running near capacity and mexico demand stable
jay, there is a very inciteful article by Platts addressing the effect of higher prices on production recently. The conclusion was that as reserves decline and prices increase, producers will choose to sell less product at higher prices to extend life of fields. That’s my choice as well. We are working on language for future leases that lessees and lessors can agree to in addressing that issue. I want to extend the life of my reserves because once my reserves are gone, producer plugs and abandons, moves to new field, and leaves me with a wellbore full of concrete. Summary: as prices increase, production will flatten.
 I understand the logistics but then why are we exporting if reserves declining? Do you think the government allows to export when people here in the US wont have heat to survive??
Thanks for taking the time to help people here Tom! For what it's worth the only two people I track here are Sam and Saca. Technically based. You have provided a different dimension. For what it's worth I'm going to save and read your posts. I only ask questions when I have them. Passed my series 7 in 1977. Retired sincee 2006. Most of my assets are well managed. I trade Natty for fun (sort of ). have a small investment in Kimmeridge if you recognize the name. Thanks for your input
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.