Submitted by [deleted] t3_11az7b9 in wallstreetbets
NRA-4-EVER t1_j9yli09 wrote
Reply to comment by H0lland0ats in Close to Impossible for rise in Natural Gas prices to end by [deleted]
I don't disagree, here in Minnesota our awful power company (xcel energy) has starting converting the coal plants to natural gas including the largest coal fire plant in the five state area. However, every chart I could find shows a precipitous drop off in use in March and the summer demand doesn't reach winter levels. I don't know why this guy wants everyone to jump in right when it should drop off. Heavy bags perhaps...
Ok-Language3146 t1_j9zokqa wrote
I’m not sure natural gas pricing is that effected by regular seasonal trends. Those are completely planned for and it’s not like the natural gas companies will produce an oversupply unless the usage is actually lower than normal.
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