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OTCGH’s Campbell Faulkner on the radical jump in US natural gas prices this morning. TLDR: not enough US production, huge demand https://t.co/3afGao21ef
OTCGH’s Campbell Faulkner on the opportunity for US natural gas to grow market share via Mexican electrical generation #eoxlive#electricty#mexico https://t.co/QFuNTIgpFS
OTCGH's Campbell Faulkner talking about the winter storm impacts to the power markets for MISO and ERCOT over the coming days #ercot#miso#storm
https://t.co/AdJmwKlONM
Widow marker struck again, but this time with the Feb contract, shorts got rolled with thin volume in front month. This is similar (opposite direction) from when WTI went negative. Fun times trading energy derivatives. #natgas#NaturalGas
🥶Mid-day model runs have gone into the freezer.
For the first time this winter true deep cold air looks to settle in next week.
Looks to have legs too.
#natgas#oott $ng
Oil & gas workers are losing their livelihoods.
Rep. Ocasio-Cortez's response was "you absolutely love to see it."
Then she deleted it because she doesn't want people to see the truth: Dems are willing to sacrifice people's jobs & livelihoods for their radical socialist agenda.
@SJennings_PwC Negative power prices are quite routine, negative fixed price on an index commodity are not. Expiry roll and the size of the futures float vs phys is what caught everyone with all offers zero bid.
This (WTI Settles) could really put enormous pressure on the FCM's and then in turn on ICE and CME, central clearing issues could rear their ugly heads. #WTI
Saudi Arabia and Russia have both cut off their noses to spite their ears. In a declining demand environment with weak overall economic outlook this is going to be one absolutely bruising battles of dimwits, NOCs and authoritarian countries. #crude#oil#brent#wti