Replies to This Discussion

Permalink Reply by adubu on February 3, 2014 at 2:32

we will be below 1 TCF. In 2013 between 1/24.2013 until injection started first of April supplies decreased from 2.996 Tcf to 1.673 Tcf so if same usage We will be about 800 Bcf only in storage by end of March. Hopefully that will stablize prices in high $4 or low $5 for 2014  and increase activity in HS 

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Permalink Reply by Greedy Landowner on February 3, 2014 at 2:58

Thanks for posting this. I wondered where we might end up.

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Permalink Reply by Joe Aldridge on February 3, 2014 at 3:39

adubu,

I agree but I'm also surprised that the price has fallen so far so fast in the futures market. I just don't quite understand what the traders are seeing that we are not.

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Permalink Reply by P.G. on February 3, 2014 at 4:55

Why are prices cycling so much..?  Game the institutional traders are playing with the stupid traders...

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Permalink Reply by Joe Aldridge on February 3, 2014 at 5:44

LOL................ 10-4

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Permalink Reply by dbob on February 3, 2014 at 18:04

I think there is a better than average chance that injection starts in March this year

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Permalink Reply by adubu on February 4, 2014 at 2:20

dbob--injection usually starts late March. Are you thinking forecast  for warmer weather earlier so injection begins early March? But you know Groundhog said 6 more weeks winter (LOL) We may have record cold Feb on top of Record January and storage could be new record low before injections start again even if injection starts earlier this year than usual

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