Market Currents
As headline commodities like oil (OIL -3.5%) sell off and natural gas (UNG +2.3%) marches to its...
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Thursday, June 21, 2012, 2:58 PM ETAs headline commodities like oil (OIL -3.5%) sell off and natural gas (UNG +2.3%) marches to its own drummer (supply), the ratio of oil to nat gas has reversed big-time. If the consensus view pans out that the U.S. economy will outperform the rest of the world, the ratio likely would continue to fall, and the desire to switch everything to cheaper natural gas no longer seems like such a no-brainer.
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