The Scoop – Flat, flat, flat, pricing had little movement this week. Natural gas has been hovering around $3 MMBtu for most of the year. Keep tuned in as winter weather forecasts will be coming out soon.
Strategy Advice – The EIA raised its price projections for ’18. Consumption growth prediction is 1.8% higher than ’17 mostly due to a colder winter assumption. Also, rising LNG exports due to Cove Point Maryland facility & Cheniere’s Sabine Pass 4th train being fully operational. This year is the year to lock up long term.