Mike Morey calls the jump in natural gas futures due to the cold weather a “knee-jerk” move and expects it to subside soon. He thinks gas prices will also trend down, citing a “massive oversupply.” He talks the pros and cons of Venezuela’s oil market coming back online and how it can change global energy dynamics. He “really likes” Cheniere Energy (LNG) right now, along with Baker Hughes (BKR). Kodiak Gas (KGS) is also expected to benefit.

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