1 | Natural Gas Fair Price Based On Projected Storage Deficit For 4-Week Period Ending March 8, 2019 | ||||
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2 | 4-Week Projected Storage Deficit (Mar 8, 2019) | FAIR PRICE | Current Natural Gas Futures Price For Mar 8, 2019 | Discount To Fair Price | |
3 | -521 BCF | $4.15/mmbtu | $2.68/mmbtu | -35.31% | |
4 | Based on a 4-week projected storage surplus of -521 BCF, natural gas is presently trading at a -35% discount to its Fair Price of $4.15/mmbtu suggesting that the commodity is undervalued based on short term storage projections. |