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US Natural Gas Thoughts

Dec. 23, 2021 5:17 AM ETDGAZ
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Summary

  • Natgas is catching a bid this morning, up over +3% to reclaim the $4.00/MMBTU level as the near-term temperature outlook has trended colder.
  • Aside from some region-specific volatility, Lower 48 natural gas production as a whole has been hovering around 95 Bcf/d through the last few weeks.
  • In light of the impact of #COVID on the daily use and production of energy in the US.

In particular, the January 1-4 period could feature the first sustained arctic airmass of the season.

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In light of the impact of #COVID on the daily use and production of energy in the US, we have gathered current info about daily+weekly changes in #natgas supply and demand. The data comes from

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.

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