With the natural gas storage level already high, the latest weekly report now shows that the storage levels are already increasing. This will put yet more cost depression in the market. This does not bode well for a price rebound. Could be a long, ugly year for the industry.

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It was a warm winter so storage fields a filling quickly.

From what I am reading, there will not be a full fledged turn around in pricing until 2017

Sounds very plausible, unfortunately...


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