Don't bet the winter weather at this time, wait till early November Man...If you Bet NG price and the weather 3 months late, you will wet you pants! haha!
产量 Increased each week. 注入量 decreased it is because of the Demand increased,
这两周都没有超过100的注入量: it is because Power burn increased large 11.8% last week, some because of A/C at the heart summer, some may because the Coal switch back to NG, Natural gas prices in the Marcellus at Dominion South Point is around $2.46/MMBtu making natural gas a little cheaper fuel than coal for power burn in that region, this may cause Coal switch to NG for Power burn.
NG sale price at Henry Hub in Louisiana$3.847/MMBtu (July 24, 2014). which is much higher than that of coal
Don't know why the NG sale price are so huge diff between the 2 Areas. Maybe NG producers want to get Market back, if such case. NG won't have big jump, if the switching is real because of NG Market price low, then NG will have not too much room to drop.
See what Gene McGillian said about Coal to gas switching:
Broker Gene McGillian at TFS Energy Futures said the market "might see a surprise of a smaller injection. We're starting to see evidence of power generation picking up, and maybe some coal to gas switching" as gas futures prices have been trading solidly below $4 per million British thermal units.
http://www.platts.com/pressreleases/2014/073014
Don't bet the winter weather at this time.....
本帖于 2014-08-02 19:04:34 时间, 由普通用户 GreenAroow 编辑