NG producers are taking a page from the Big Oil playbook. Lower Capex, translating to limited supply, with more focus on returning value to shareholders.
Even if production could increase, the infrastructure to transport the product, simply isn't there. Pipelines increasingly face headwinds. Nobody wants a pipeline in their backyard. There are huge reserves that can't be tapped due to transport issues.
Barring a Black Swan.....prices should elevate when temperatures change. We're looking at very unseasonable Winter temps at present. Like everything else..........everything reverts to the mean.
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Today's Featured Article - The Great Escape - by Dave Hollrah. It all began Monday with a little baling of second crop on the lake shore field, and as I drove out past my sister and her hubby's place, this small calling sound could be heard from the general direction of their manure pile. Out of the yard, over the cows and bale piles, through the dozer piles, poplars, and brush, out onto the ditch grade road, past the noisy 6.2 diesel engine pulling my well traveled Suburban along. Well it sure didn't take me long to figure out what it was because I alrea
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