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Nat Gas Floor
As shown in the graph above, storage levels, consumption and a strong floor all point to the fact that $2.55 should be the near term price floor. Unexpected weather, nuclear outages are the unexpected spike cases with long term LNG, nat-gas power generation and lower supply glut being the medium term long cases. My target price for mid April is $3.1 based off the last 17 years seasonal moving averages.
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