Category: Natural Gas
The analysis published under this category are as follows.
Sunday, January 07, 2018
Natural Gas Got Bomb Cyclone in the New Year / Commodities / Natural Gas
By: EconMatters
Natural gas is the dog that got its day in the New Year trading at $175/MMBtu spot in New York. Less than a month ago, Gas Exporting Countries Forum expected lower natural gas prices “over the next two decades” mostly due to a surge in supplies from unconventional sources.
With the sever winter storm hitting much of North America, temperatures have been tumbling since the start of the New Year. Meteorologists dubbed this arctic winter storm "bomb cyclone" because of the extreme drops in pressure over a short period of time. This unusual freezing cold weather has also had a major impact on U.S. commodity markets, natural gas, in particular.
Wednesday, July 05, 2017
Enter The Natural Gas Cartel / Commodities / Natural Gas
By: Jim_Willie_CB
The King Dollar is mortally wounded. Many notice but the masses seem largely unaware. Since 1971, the Gold Standard has been removed from its anchor position. But since 1973, the Petro-Dollar has taken its place. It has called for crude oil sales led by the Saudis and OPEC to be transacted in USDollar terms, for oil surpluses to be stored in USTreasury Bonds, and for some kickbacks from the Saudis to the USMilitary complex for weapons purchases. Of course, the US is ready willing and able to create strife and to foment wars whereby the Arab oil monarchs will need more weapons. Since 2014, many events have pointed to the crippled condition of the important link between the USDollar and crude oil. The price has plunged by 50% of more, and not recovered. It is currently lurching in the nether bounds near the $45 level. Anything less than $65 to $70 per barrel is very dangerous for keeping the oil sovereigns afloat and for keeping the US energy sector solvent. Witness the Wall Street banks having tremendous problems with impaired bonds and toxic energy portfolios. They seem not resolvable. They cannot keep the oil price over $50, a sign of their impotence.
Thursday, June 01, 2017
Is the Energy Rally Running out of Gas ? / Commodities / Natural Gas
By: Rambus_Chartology
Today I would like to update some charts for Natural Gas and oil which appear to be building out a topping formation. If these patterns play out there is a lot of room to the downside we can take advantage of. There has been a lot of backing and filling, but it looks like this may be coming to an end and we may finally get the impulse move down.
$NATGAS has been building out a 1 year H&S topping pattern and just recently completed the high for the right shoulder. This daily chart shows a blue 5 point bearish rising flag that broke below the bottom rail today. A backtest to the underside of the 5 point bearish rising flag would come in around the 3.18 area which would represent a low risk entry point to go short natural gas. The possible neckline is still quite a bit lower which would be another low risk entry point if the neckline gives way.
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Friday, April 07, 2017
NG #F (Natural Gas) Rally is Not Over Yet / Commodities / Natural Gas
By: ElliottWave-Forecast
NG #F (Natural Gas) has been rallying since forming a low on 2/22 (2.523). Rally is unfolding as a WXY or double three Elliott Wave Structure where wave W completed at 3.089 and wave X completed at 2.882. Up from red X low, Natural Gas is showing 5 swings up which means the sequence is incomplete and while above black ((x)) low at 3.121, rally should continue higher towards 3.452 – 3.587 to complete 7 swings sequence from red X low. This would also complete a WXY structure from 2.523 low and then we should see a 3 wave pull back in NG #F either to correct the cycle from 2.523 low or at least from red X low.
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Thursday, August 11, 2016
Natural Gas is Lighter Than Air and Its Rising – I Smell Trading Opportunity! / Commodities / Natural Gas
By: Chris_Vermeulen
During the last stock market top in 2007-2008 the price of natural gas completed a basing pattern (bottom) and broke out and had a massive rally. Will this happen again this time around?
Based on the stock market stage analysis, market sentiment, and the price action of natural gas, it appears the stock market is topping and natural gas is on the verge of a breakout and rally.
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Tuesday, August 09, 2016
Natural Gas Surprise Drawdown Signals Higher Prices Ahead / Commodities / Natural Gas
By: OilPrice_Com
The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected.
The EIA reported a surprise drawdown in natural gas inventories for the week ending on August 3. The reduction of 6 billion cubic feet (Bcf) was the first summertime drawdown since 2006. Natural gas spot prices shot up following the data release on August 4, although they fell back again shortly after.
Thursday, June 09, 2016
Natural Gas Fails to Overcome Key Technical Level Despite Surge Higher / Commodities / Natural Gas
By: AnyOption
Although there is growing evidence to suggest that natural gas prices have broken out to the upside, recent price action over the last few sessions indicates that the rally has stalled and that key resistance remains in the way of a further climb. While fundamentals have not greatly changed over the last few weeks, natural gas prices have experienced a near 25.00% rally in just over two weeks. One of the key contributors remains higher average temperatures across the United States and predictions about the La Niña cycle will impact weather conditions going forward. However, should prices remain high, the falling rig count could conceivably reverse, bringing more supply to market and driving natural gas in storage even higher from current levels, adding to downside price pressures and causing natural gas to pullback from the current trend higher.Read full article... Read full article...
Wednesday, April 13, 2016
Natural Gas Rebound Meets Resistance / Commodities / Natural Gas
By: AnyOption
The recovery in gas prices from the March lows continues to play out, although it is increasingly evident that fundamental conditions will not alleviate the downside pressure on prices over the near-to-medium term especially as seasonal demand factors subside. With production possibly to climb amid higher prices, the stage is set for a renewed downturn in prices following the technical correction higher in prices, aided in part by a brief cold front that swept across the United States. Demand growth on its own will not be enough to offset the record seasonal storage levels, with only falling supply helping to correct the ongoing imbalance.
Sunday, January 17, 2016
California Major Catastrophe: Major Media Problem / Commodities / Natural Gas
By: Walter_Brasch
On Oct. 23, Southern California Gas technicians discovered a leak of methane from a failed casing on one of the pipes in its Alisa Canyon storage facility, about 30 miles northwest of Los Angeles.
The company estimates it will be the end of March until it can plug that leak from the pipe that is about 9,000 feet deep.
Friday, January 08, 2016
Natural Gas Prices Signaling Oil Bottom for Investors / Commodities / Natural Gas
By: EconMatters
Everyone is trying to figure when the oil markets will bottom. Well lost in all the crazy action in markets globally is the nice resurgence off the bottom for natural gas prices. Natural Gas prices have essentially gone from $1.68 per MMBtu to $2.40 per MMBtu rather rapidly in the midst of a mild winter so far. The reason is that all those rig reductions are starting to affect the production of the commodity, less natural gas is coming to market relative to expectations.
Sunday, December 20, 2015
The Natural Gas Trading Play / Commodities / Natural Gas
By: EconMatters
Bearish Sentiment
Thursday, October 15, 2015
How to Profit From America’s Growing Natural Gas Reserves / Commodities / Natural Gas
By: Investment_U
David Fessler writes: Once every two years, a little-known committee conducts a very important study. The Potential Gas Committee (PGC) estimates how much natural gas we can recover from U.S. deposits.
Currently, the U.S. uses 26.7 trillion cubic feet (tcf) each year. That’s a lot of gas. Fortunately, the PGC’s 2014 year-end estimate for recoverable gas is 2,515 tcf... or 2.5 quadrillion cubic feet.
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Thursday, October 08, 2015
Optimistic Natural Gas Forecasts Underreport Risks / Commodities / Natural Gas
By: AnyOption
Gordon Meagher writes: Natural gas prices have not been immune from the broader deflationary forces impacting commodities across the globe. Production gluts and oversupply are testament to the industry’s problems as company’s produce at breakneck speed to stave off bankruptcy after borrowing substantial funds to fund exploration and production projects across the lower 48 US states. Even though an LNG export terminal is expected to come online this quarter, improving the export market capacity, it is unlikely to tackle the problem at its root. Even though the supply-side of the equation can remain very fluid, stimulating demand has proven difficult. Even though certain factors such as the falling rig count are contributing to optimism of a potential rebound, longer-term factors dictate further weakness in prices.Read full article... Read full article...
Friday, August 21, 2015
The Future of Natural Gas, Part II / Commodities / Natural Gas
By: ...
MoneyMorning.com Dr. Kent Moors writes: As I discussed in the last edition of Oil & Energy Investor, this morning I made the keynote address at the Dominion Transport-hosted meeting of natural gas executives in western Pennsylvania.
My address comprised my primary take on natural gas prospects and is entitled “Natural Gas Moving Forward: LNG, Hubs, and Pricing Prospects.”
As always, I try to keep you in the loop of what’s happening when I meet with the movers and shakers, so today I’ll be sharing the rest of my address with you.
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Tuesday, August 18, 2015
The Future of Natural Gas / Commodities / Natural Gas
By: ...
MoneyMorning.com Dr. Kent Moors writes: On Thursday morning, I’ll be delivering my major address on the future of natural gas. The occasion is a high-powered meeting hosted by Dominion Transport at the beautiful Nemacolin Woodlands Resort in western Pennsylvania.
Attending will be more than 100 leading CEOs and other executives from principal gas production, transmission, distribution, and end using companies.
My keynote presentation is entitled “Natural Gas Moving Forward: LNG, Hubs, and Pricing Prospects.” And in it I address where liquid natural gas (LNG) prices have been… where they are now… and where they’re going.
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Sunday, June 14, 2015
Is Natural Gas A Good Investment Opportunity? / Commodities / Natural Gas
By: AnyOption
Anyoption writes: When it comes to investment options, everyone has their own opinion with regard to just about any option. However, there are few options in the industry that are as heavily debated as natural gas. Those who think it's a great opportunity point to the low cost, high efficiency and slow growth in comparison to crude oil as a reason that steep inclines are just around the corner. On the other hand, those that are bearish on the commodity argue that prices will be kept low, and most likely decline as the result of the massive amounts of natural gas that are available and being produced. So, which side is right? Well, both of them to an extent. Here's how I see it...Read full article... Read full article...
Wednesday, May 13, 2015
Obamacare Caused The Gas Tax Cut To Go Up In Flames / Politics / Natural Gas
By: Michael_Pento
Wall Street analysts unanimously cheered last fall when the price of oil fell from nearly $100 a barrel in June of 2014, to almost $45 a barrel by the end of January 2015. The theory was that the average American family, paying less at the pump, would plow this savings into other goods and services, giving GDP a much needed boost.
Wednesday, April 29, 2015
Have Natural Gas Prices Bottomed? / Commodities / Natural Gas
By: OilPrice_Com
Last Friday we finally got confirmation of where all the natural gas supply has been coming from as Cabot (COG) reported its earnings. Just like Chesapeake (CHK), they reduced natural gas output, but on a much grander scale. CHK has yet to report and will do so on May 6th providing even more color on the subject.Read full article... Read full article...
Saturday, March 14, 2015
Natural Gas Price Forecast / Commodities / Natural Gas
By: Austin_Galt
Natural gas has been absolutely pummelled for the last decade after making an all time high in 2005 at US$15.78. Price now sits around US$2.75. What a spanking!
So, does there look to be an end in sight to this devastating downtrend? Yes and no. Let's begin with the "no" which involves the big picture yearly chart.
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Friday, December 05, 2014
Russia and China’s Natural Gas Deals Are a Death Knell for Canada’s LNG Ambitions / Commodities / Natural Gas
By: Marin_Katusa
In recent years, a number of Asian companies have been betting that Canada will be able to export cheap liquefied natural gas (LNG) from its west coast. These big international players include PetroChina, Mitsubishi, CNOOC, and, until December 3, Malaysian state-owned Petronas.
However, that initial interest is decidedly on the wane. In fact, while the British Columbia LNG Alliance is still hopeful that some of the 18 LNG projects that have been proposed will be realized, it’s now looking less and less likely that any of these Canadian LNG consortia will ever make a final investment decision to forge ahead.
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