Sleep

Relatively modest levels of liquefied natural gas (LNG) imports to the U.S. over the last two years have “lulled investors to sleep,” and imports this year could be “up dramatically” if natural gas prices are $5 or more, analysts at Raymond James & Associates Inc. said last week.

Relatively modest levels of liquefied natural gas (LNG) imports to the U.S. over the last two years have “lulled investors to sleep,” and imports this year could be “up dramatically” if natural gas prices are $5 or more, analysts at Raymond James & Associates Inc. said this week.

Relatively modest levels of liquefied natural gas (LNG) imports to the U.S. over the last two years have “lulled investors to sleep,” and imports this year could be “up dramatically” if natural gas prices are $5 or more, analysts at Raymond James & Associates Inc. said this week.

Natural gas futures traders might as well sleep in on Wednesday mornings. Or maybe they already are…. Wednesdays have taken on a sort of split personality, in which a barren desert suddenly gives way to a deluge of trading activity when fresh storage data is released at 2 p.m (EDT). That was the case yesterday as futures opened unchanged only to drift lazily sideways for 4.5 hours. Then, when a larger-than-expected storage figure was released, the market tumbled 13 cents in just five minutes. July rebounded modestly in the final 65 minutes of trading to close at $3.801, down 9.1 cents on the day, but up 7.1 cents from its low for the session.