Yep basically gas is geo-locked to a geography due to the lack of LNG facilities that would allow export across geographies hence localized weather is a factor.CDNPatriot wrote: ↑ What he said was that gas was too risky for him where warmer than anticipated weather considerably impacts share prices.
What Nuttal didn't foresee was the European gas crisis causing some level of localization to be turned on its ear and the spike in speculation. I expect continued strength coming into the Winter especially once that LNG terminal comes back on line.