Natural Gas Weather Roulette Is Back In Full Force

Over the past week, natural gas fundamentals have flipped from being very bullish to neutral. Without the incoming higher-than-normal heating degree days, we see the current US gas market as being slightly oversupplied. One of the culprits of this is that 1) Freeport LNG has now been delayed to early 2023 and 2) heating demand via residential/commercial…