Absolutely amazing the media-hyped country/world we live in. AP reports natural gas up 2% today but fails to mention yesterday NG futures were down 3%. Pres. Obama speaking on NG positives as a viable alternative to oil is pure speculation. 12 months ago he was NG. The story is how special interests have infected and changed his thinking. NG is the most volatile commodity future. It’s no surprise to see 2% daily swings in NG this time of year.
Archive for March, 2011
storage report was in-line to “expert” predictions at -6. look for NG to fall but it will recover as top line is 4.70
Hello. Electricity prices are trending up today. Market’s still looking for direction but if you have a price under or at 6 cents, take it for 12 months.