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Let's Get Real About Natural Gas



December 15, 2011 – Comments (0) | RELATED TICKERS: UNG , USO , BNO

Natural gas was looking strong all through the fall months. Now, its at a struggle point once again. Is this a flash back from the past? Sure seems like it. Walter Kurtz takes a look at why natural gas is currently behaving as it is. 


" 1. Storage: Just as in 2010 and 2009 we are at the top of the range and may go even higher if the weather in the NE & Midwest stays warm.

2. Production continues at rates significantly above historical levels.

3. And estimated reserves in the U.S. continue to increase."


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