The Roller Coaster Continues. The Beacon, 11/22/2021

The Headline:   Near term energy prices went back up last week on continued uncertainty overseas.                   

The Bottom Line:    Weather isn’t overly extreme. Storage numbers are only ~2% below the 5-year average.  Rig counts continue to climb.  But the market can’t shake the fears keeping near-term gas prices high.  Until they do, we recommend staying on the sidelines, if possible, through the winter.  If that isn’t possible, schedule a talk with Lighthouse before taking any action – timing your buy correctly in this volatile market will be essential.           

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