The Outlook for Natural Gas: The Stocks with Upside Around the Corner
June 23, 2011 at 12:42 PM EDT
Timing is everything in the market and being able to spot trends is critical for locking in attractive returns. Natural gas producers have taken a beating over the past three years but there are encouraging signs that natural gas might be ready for a break to the upside. Despite a seasonably weaker shoulder season, NYMEX prices are inching above 10-month highs and observers are finally buying into the idea that stronger prices are around the corner. Longer term outlook expected to strengthen The International Energy Agency (IEA) said this week that natural gas is about to enter a “golden age” with world-wide gas use to increase by 50 per cent by 2035. That might seem far away, but the . . . → Read More: The Outlook for Natural Gas: The Stocks with Upside Around the Corner