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While oil has been on a tear during the reflation rally, it’s cousin natural gas has not received the same love from traders. “The Natty”, which currently is languishing around $4, couldn’t be hated more, writes Steve Sjuggerud for DailyWealth: Specifically, right now, there are more bets against natural gas by large speculators than there […]
It appears that low prices may be encouraging natural gas producers to pump as fast as they can – according to DailyWealth’s Tom Dyson. Tom says that it’s a matter of survival for these companies – even with prices low, they can’t afford to shut down and wait for a price rebound, because they may […]
The oil to natural gas ratio is at an extreme level not seen in at least 15 years, reports market technician Martin Goldberg. Martin is an astute market observer who I recently discovered on the Financial Sense Newshour. With oil above $71, and natural gas below $4, you’d think that something has to give. Sure, […]
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