Is it just me or does it look like more buyers at 0.3c appeared yesterday. Maybe there's a feeling out there that news is getting near. Meantime here is a very encouraging quote from Tuesday's OilPrice regarding predictions for gas prices for the balance of the year Maybe NWE's time is finally coming......
"Natural gas prices shoot up. U.S. natural gas prices have climbed to their highest levels since late 2019, pushed higher by ongoing hot weather and absolute declines in production. The tightness is global – JKM prices for LNG could rise to $6/MMBtu by December, according to a report from Bank of America Merrill Lynch. That opens up exports for U.S. LNG again. “[T]he world will call on all US export capacity this winter, in our view,” the bank said."
NWE Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
