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MLPG - It's Hard To Believe But Natural Gas Should Go A Lot Higher From Here
May, 19 2022 02:58 PM
UBS AG Jersey FR SP REDEEM 09/07/2040 USD 25 - 902641620
Natural gas prices are likely to keep going higher. Demand is starting to surprise to the upside now, with power burn leading the charge. There's no gas-to-coal switching this year, as coal stockpiles remain low. Lower 48 gas production is stubbornly around ~94 to ~95 Bcf/d, so this won't help. We are likely to end injection season near 2018 levels by November, or ~3.2 Tcf. For further details see:
It's Hard To Believe, But Natural Gas Should Go A Lot Higher From Here
Stock Information
Company Name:
UBS AG Jersey FR SP REDEEM 09/07/2040 USD 25 - 902641620
Stock Symbol:
MLPG
Market:
NYSE
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