Four Reasons Why Natural Gas Has Set A Low… And Is Ready To Rise
Posted on October 27, 2009 at 11:10 AM EDT
Having hit major new highs in the summer of 2008, it has been a long ride down for natural gas. The Energy Administration Information announced last week that supplies reached a record 3.734 trillion cubic feet, reaching full U.S. storage capacity. However, over the last few weeks, natural gas prices have only gone up. This leads to a few conclusions.