United States 12 Month Natural Gas Fund (NYSEMKT:UNL)

CAPS Rating: 2 out of 5


Player Avatar Chemdawg (25.55) Submitted: 11/9/2012 3:33:58 PM : Underperform Start Price: $18.15 UNL Score: +14.01

the recent rise in price will soon be offset by crushing levels of supply not yet factored in...the companies have the infrastructure in place to start drilling..they were just waiting on them to become economically viable...that time has come... now the price will drop back to the 2-3 dollar range again...making them once again ...not economically viable...this cycle will continue until the alternative uses for NG become more viable and available for public use..then and only then will demand be somewhat able to meet supply...but we have a ton of this stuff in large formations under the shale rock this country seems to be make of...who knows how much we really have...there is no doubt though... there is no shortage of NG in this country

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