United States Natural Gas Fund, LP (AMEX:UNG)
Exchange Traded Fund
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Inflation will be our next issue.. can't print money like this without ramafications.
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Getting back in . . .
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Getting too cheap, suppliers will start cutting production as it is not profitable for them, this will lead to increase in price and rebound of commodities.
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I think it's near a bottom.
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With winter nearby, we should expect gaz prices on the upside again.
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Seems to have set the bottom from the oil-driven selloff, beginning to enter a seasonal upswing, and should see a non-cyclical uptrend related to use as a vehicle fuel.
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Fuel season on the way and also becoming a popular fuel for vehicles.
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Time for it to bounce back.
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nat gas the new oil
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It's the most wonderful time of the year to be long natty gas. Hurricain season and then the winter months most years make for good trades.
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I agree. Oil prices, propane, heating oil etc. will be very high in the coming years.
Natural Gas is the only practically clean alternative fuel, and our neighbors across the pond and the US have more than enough to see us through until our other alternative energy sources can produce.
I say UNG is a buy. The supply/demand of natural gas has not fallen, it was manipulation and speculation. As a matter of fact, gas prices have fallen 37%.
This will be the ticket for the coming years.
Boslie1
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Oversold most SF under 30
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Seasonal factors will push UNG into high 40's within 6 mos.
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Bullish on natural gas
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Based on the Saudi's weak response to rising oil prices, conflict in Nigeria, the possible threat of Israel invading Iran, a weak dollar/US economy, increased global demand, the threat of outages from hurricanes, etc. I would anticipate that oil can go in only one direction: UP!!! Our country must start utilizing alternative energy sources such as wind, solar, natural gas, and coal as soon as possible. I would rather be wrong on this call, but I don't see any direction but up for oil and natural gas.
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Natural gas reserves are abundant! AND they don't have to cross an ocean to get here.
Production is very inexpensive. THe process is quicker and easier than producing gas, and the overhead and startup is cheaper.
A+B+C = Winner every time
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consumption just keeps rising
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Nat Gas should see higher demand though the summer.
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The natural gas fund is goign to go through the roof. Oil is getting crazy, people are going green green green, and GE is helping mine so much natural gas over in the middle east, that it is going to be all over the world for a very long time. If you were smart, you would get your hands in the natural gas rage!
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