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To: Canuck Dave who wrote (230420)7/29/2013 12:45:03 PM
From: Zincman  Read Replies (1) | Respond to of 312354
 
Weather temp here is 72... nearly 20f lower than a normal July... natty valve shut off looks like...

Gonna need a massive heat wave to get a nice bounce in nat I bet..



To: Canuck Dave who wrote (230420)7/29/2013 1:10:01 PM
From: Goose94  Respond to of 312354
 
Agree



To: Canuck Dave who wrote (230420)7/29/2013 7:00:48 PM
From: Goose94  Respond to of 312354
 
Nat-gas has also weakened into the summer months as U.S. production has remained stubbornly high, as a significant amount of gas fired power generation has switched back to coal. In addition, Canadian producers priced relative to the AECO benchmark have also suffered a widening differential to U.S. natural gas benchmarks that may persist for some time.

Canaccord is lowering their 2014 U.S. average natural gas price forecast from us$5.25 to us$4.25 per Mcf & their new and lower 2014 forecast reflects several changes, but is primarily related to U.S. natural gas production being slightly higher as of mid-year 2013 than originally thought, which in turn weighs on the 2014 outlook. In 2015, the new price forecast is an average of us$4.50/Mcf. However, trends in U.S. supply & demand are encouraging and support a more positive outlook in the out years (beyond 2015), which we model at us$4.75.



To: Canuck Dave who wrote (230420)7/29/2013 7:36:38 PM
From: Goose94  Read Replies (1) | Respond to of 312354
 
Eric Nuttall, Portfolio Manager, Sprott Asset Management - Oil & Gas stocks on BNN.ca, 1pm Market Call