The war would have to escalate somewhat for a good gas rally IMO - if Iran blocks the straits of Hormuz for example gas will jump. I think WDS cashflow is about to step change via Senegal - production commencing and capital spend winding down. Oil is where its at right now.....gas is in surplus in USA for now but oil is not in surplus. US cant afford to refill its strategic oil reserves but gas is so cheap there.
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The war would have to escalate somewhat for a good gas rally IMO...
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Price($) | Vol. | No. |
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