It is always interesting to follow how certainty in the natural gas market seems to change in short order.
Two months ago there was a growing consensus that imported LNG would flood the U.S. market. As the comments point out, recent supplier news may be contrary to that outlook. Natural gas acquisition prices seem to have diverted from that of oil and, of course, views regarding the recovery of the overall economy are many and diverse.
So, which trend will lose traction over the next 60-90 days? Which market fundamental is most likely to shift? These are great questions but they are great unanswerable questions at this time.
Visit this link to download the full Natural Gas Market Indicator. Topics covered include: Reported Prices, Weather, Working Gas in Underground Storage, Natural Gas Production, Rig Counts, Pipeline Imports and Exports, and LNG Markets.