Most people I know also in the industry have locked in at ~$4. Of course no one knows where it is going, but what we do know for sure is the max downside is ~$1-$1.50 in the near term, where the potential downside is quite large if there is any interruption in production or demand spike due to a US east cost cold snap, etc.
Even just half a month in the winter at $12-15/GJ floting due to a demand spike far offsets the summer months overpaying $1/GJ. A no brainer
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