Tuesday, April 14, 2015

EIA Predicts Natural Gas Production Starts Declining In May - The United States Natural Gas ETF, LP (NYSEARCA:UNG) | Seeking Alpha

EIA Predicts Natural Gas Production Starts Declining In May - The United States Natural Gas ETF, LP (NYSEARCA:UNG) | Seeking Alpha



Here is a great article predicting that natural gas prices will soon rise again.  The EIA previously miscalculated the effect of the falling rig count.  Nat gas production will be declining instead of building, and this could have a huge effect on the price.  The author also pointed out that the price of oil is determined worldwide while the price we pay for natural gas is determined only here in North America.  So, the analysts are terribly wrong in linking oil and natural gas together for prices.  UGAZ will probably give you the most profit for investing in the trend reversal.

No comments:

Post a Comment