UNG - the Next Thing to Rise?

snowwolf229

a little homework, happy weekend

quickcow

possible.

老船

顶!

xmoustc

wait until $10 to hold long-term

vegas

赞

buctusa

长叶草

水下

janez

Great job and many thanks for sharing.

风清扬

baibai

Nice. Thanks for sharing.

jack3400

Maybe keep dropping until July or August? or maybe have to form a bottom and build "L" shape before bounce back?

maple888

lami

天然气没戏了

http://online.wsj.com/article/SB124104549891270585.html


U.S. Gas Fields Go From Bust to Boom
APRIL 30, 2009

By BEN CASSELMAN
CADDO PARISH, La. -- A massive natural-gas discovery here in northern Louisiana heralds a big shift in the nation's energy landscape. After an era of declining production, the U.S. is now swimming in natural gas.

Even conservative estimates suggest the Louisiana discovery -- known as the Haynesville Shale, for the dense rock formation that contains the gas -- could hold some 200 trillion cubic feet of natural gas. That's the equivalent of 33 billion barrels of oil, or 18 years' worth of current U.S. oil production. Some industry executives think the field could be several times that size.

snowwolf229

Thanks for the info

summer123

alwaysreader

原来如此

Roubini

There are some research saying that natural gas prices are cyclical and lag the cycle of industrial production, so ....

coexist

I prefer USO if I think UNG could surge

源济

buctusa

If 天然气没戏了, Oil is also 没戏了

Factories can use natural gas to replace oil in many applications.

天然气没戏了

http://online.wsj.com/article/SB124104549891270585.html


U.S. Gas Fields Go From Bust to Boom
APRIL 30, 2009

By BEN CASSELMAN
CADDO PARISH, La. -- A massive natural-gas disc ...
lami 发表于 2009-5-3 02:29