Matt Badiali writes that demand for natural gas has dried up, and he expects prices could stay low for some time.
Natural gas often rallies this time of year, but has not moved up thus far. Matt cites record recent production – with nat gas reserves at record highs – as another factor that may keep prices down for some time.
It’s been a tough tumble for “The Natty”. We advise traders focus on this Natty for the foreseeable future.