Monday, February 13, 2012

Is it time to get long Natural Gas ?

The Supply of Natural Gas is just insanely high, and the demand is way too low to cover. So there is a lot of pressure for the price to go down. And if the republicans are elected and start the Hydraulic Fracking it could add even more supply to the market .. but then again the demand would grind higher too.

Anyway, I think that Natural Gas prices are very low, and with crude prices going higher, I think we could see a little switch from Oil to NG.

1 comment:

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