
Natural gas prices today (Monday) fell below $3 per million BTUs after a 6.9% tear over the last three sessions.
Despite the pullback, cold weather will drive up demand for weeks. But that's not the only factor ready to push prices higher.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Natural gas prices today (Monday) fell below $3 per million BTUs after a 6.9% tear over the last three sessions.
Despite the pullback, cold weather will drive up demand for weeks. But that's not the only factor ready to push prices higher.
Here's everything you need to know about where natural gas is headed...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Natural gas prices today (Monday) fell below $3 per million BTUs after a 6.9% tear over the last three sessions.
Despite the pullback, cold weather will drive up demand for weeks. But that's not the only factor ready to push prices higher.
Here's everything you need to know about where natural gas is headed...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
While everybody is focused on oil, natural gas prices are moving in a very different direction: up.
The week-long spike in price shows that natural gas doesn't necessarily move in tandem with oil.
And that is providing us with some really nice short-term opportunities...
By Tony Daltorio, Contributing Writer, Money Morning -
While natural gas prices are up 50% from their 2011 lows below $2 per 1,000 cubic feet (million BTUs), they're still cheap at just over $3.
Lower-priced natural gas has helped a number of industries, like chemicals and utilities, cut costs, as Money Morning Global Energy Strategist Dr. Kent Moors pointed out in his 2013 natural gas price outlook.
Now there's another U.S. industry that hopes cheap natural gas can revive its flagging performance.
I'm talking about steel.
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By Tony Daltorio, Contributing Writer, Money Morning -
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