There's a consensus in the market that winter is over and there's a lot of gas around. We may have more gas available this summer than we have storage.
More Quotes from Bruno Stanziale:
The only saving grace to the market has been sporadic spurts of short covering. You still have lots of short interest out there and you're going to see periodic short-covering rallies.Bruno Stanziale
The market is convinced we have enough gas. Even if you were to assume a return to normal weather, we will come out of winter with 1.5 trillion cubic feet, which is a good amount to have in the ground.
Bruno Stanziale
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