Freeport Ships Nat Gas Again (BOIL, UNG)

Freeport shut down early June due to an explosion. The lack of export ability caused domestic nat gas prices to fall, and international nat gas prices to rise. Again, on June 14, the same thing happened when Freeport cancelled exports through June 30.

The fall in domestic nat gas prices was captured by traders of KOLD, while the reverse would benefit BOIL. Subjectively, since BOIL is long domestic nat gas prices, it would benefit from the reopening of exports at the Freeport facility.