It’s looking like a down day generally but not too much. My...

It’s looking like a down day generally but not too much. My comment is more to do with LNGL. I personally tie LNGL to the natural gas price which is being savaged right now and could plunge to new lows again.

I think the long term oversupply of natural gas is not a 2023 fix but a 2025 fix from what I’ve been reading recently. And the general direction appears to be not long term SPAs but rather LNG as a commodity on spot markets and prices being very low for a long time as LNG becomes a traded commodity like oil. It’s this transition period over the next 2-3 years that’s going to hurt developers who subscribed to the assumption of SPAs.

Not phased about Coronavirus myself but having read more and more am of the view that natural gas is going to flatline for a while.

Just my opinion and not advice