Energy Stock Trader: Tuesday Outlook [View article]
Wont be adding any puts on NG? Oh that is bad. What happened to all those awesome demand and supply graphs Zman? Supply up so much? Really...did you figure out demand? Uh? Demand is sucking away LNG and electrical generating capacity is up. Coal is more expensive than NG is some parts while little ZMAN is stuck on stupid charts. I remember the same BS when you were justifying oil should go lower. Wasnt that $50 ago?
Is it all weather? If supply averaged 2 BCF/day more in whole of 2007 then that is about 700BCF, how come we are at so levels of storage. I think you are missing the demand picture completely. Ethanol distilleries continue to expand, New power generation is mostly NG and coal is now more expensive than NG. In the first week of february Raymond james predicted we would have 4 TCF plus of storage in october. Ha. They look like jackasses now.
Energy Stock Trader: Tuesday Outlook [View article]
Zman's Energy Week in Review [View article]
I think you are missing the demand picture completely. Ethanol distilleries continue to expand, New power generation is mostly NG and coal is now more expensive than NG.
In the first week of february Raymond james predicted we would have 4 TCF plus of storage in october. Ha. They look like jackasses now.