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Will Natural Gas Hit $2 This Summer?

From etfdailynews.com

Since late June, the natural gas futures market is attempting to establish a pattern of higher lows and higher highs. The energy commodity received a vote of confidence from none other than Warren Buffet when he recently purchased the natural gas assets of Dominion. The weather in the United States has been warm this summer, boosting the demand for air conditioning. Over the past years, natural gas replaced coal as the primary input in power generation. However, with business activity still progressing at a slow pace, overall requirements have not been the same as in past years. On Thursday, July 30, the Energy ... (full story)

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  • Category: Fundamental Analysis