By: ETFdb
Will Backwardation Boost UNG?
In 2009, billions of investor dollars flooded into the United States Natural Gas Fund (UNG) in an attempt to capitalize on an anticipated jump in price as the clean-burning fuel becomes the energy source of the future. Spot gas prices finished the year little changed — down less than 1% — but UNG lost more [...] Related Stories: UNL: A Better Natural Gas ETF Than UNG? Will Exxon/XTO Deal Boost UNG? OPEC Decision Could Boost Crude Oil ETFs
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