UNG Stops Issuing New Shares, Now Trading at a Premium [View article]
I've been trading natural gas exclusively for 20 years - I have one question for the "pundits" - with huge supply coming online daily, LNG coming onshore because we have the only global infrastructure that can handle it, storage is rapidly approaching 'full' - where is the incremental demand going to come from?
the underlying fundamentals remain horrible. still a short on my book (for at least another couple months).
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total working gas in the US is about 4 tcf, maybe 4.2 with line pack.
On Jul 10 11:16 PM Alan von Altendorf wrote:
> Ooops. Make that 8,000 bcf system-wide
UNG Stops Issuing New Shares, Now Trading at a Premium [View article]
the underlying fundamentals remain horrible. still a short on my book (for at least another couple months).
good luck to all.
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