#1 Wed, Jan 18, 2012 - 12:06pm
NG is back down close to its low in 2009:
I was reading from here: https://18.104.22.168/naturalgas/annual/ and it says that technology advances has brought the break even points down in the industry. Demand is lower because of warmer temperatures in winters. Production is increasing. Less disaster weather like hurricanes has kept production numbers high. All the while prices are, what seems to be, rock bottom and I'm thinking about jumping in. Anyone have any recommendations or experiences with Natural Gas companies or ETFs? Without having done much DD I see that UNG is an ETF that tracks natural gas futures.
Edited by: thecoloredsky on Nov 8, 2014 - 5:17am