Natural gas production continues at robust levels indicating 2019 supply will be sufficient throughout the year. High production likely will result in significant injections of gas into underground storage for use this winter, resulting in ample storage for 2019-2020 winter heating season. This is favorable for NYMEX futures pricing and is responsible for lower pricing we’re experiencing now. Excellent fixed rates are available, please contact me to discuss.
While the outlook for pricing looks very favorable, please keep in mind we’re dealing with commodities that can turn quickly. Every year I mention potential pricing impact from an active hurricane season, harsh winter forecasts/actual cold winters and ever present “world events.” Bottom line is, lock in while things are good.
Easter is here and for me it’s remembrance of what Jesus Christ did at the cross for me and all mankind over 2,000 years ago. He suffered and died, rose again, paying my sin debt in full, offering eternal life to those who believe on His name.
Regards,
John Thomas
