21 | Natural Gas Fair Price Based On Projected Storage Deficit For 8-Month Period Ending September 27, 2017 | ||||
|---|---|---|---|---|---|
22 | Projected 8-Month Storage Surplus (Sep 27, 2019) | FAIR PRICE | Current Natural Gas Futures Price For Sep 27, 2019 | Discount To Fair Price | |
23 | -347 BCF | $3.88/mmbtu | $2.78/mmbtu | -28.38% | |
24 | Based on a long-term 8-month projected storage deficit -347 BCF, natural gas is presently trading at a -28% discount to its Fair Price of $3.88/mmbtu suggesting that the commodity is undervalued based on 8-month storage projections. | ||||