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Energy Insider Blog

NG Rally a Dead Cat’s Bounce?

Posted by Alberto Rios on Apr 3, 2012 3:54:00 PM

Energy Insights: April 3, 2012

Natural gas storage is currently at 60% of capacity, and stockpiles will continue to increase through spring. Currently, the natural gas price action has been dictated by technical indicators; however, as we get more information from the inventory expansion rate, fundamentals should push prices lower.

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Topics: ERCOT Heat Rates, Acclaim Energy Advisors, energy management consulting, Weekly Energy Insights, natural gas

   

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