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While natural gas futures sold off today (like many other commodities), Henry Hub gas spot...

  • Friday, July 6, 2012, 4:49 PM ET
    While natural gas futures sold off today (like many other commodities), Henry Hub gas spot prices rose 1%. That helped some natural gas names rally on a down day. CHK +2%. APL +1.8%. OKS +1.2%. EROC +1.2%.
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This news story has 4 comments:

  • The hot summer on the East Coast is exactly what natural gas bulls needed to start eating into some of the supply. A stronger global economy would help too, but that may not be in the cards.
    6 Jul 2012, 05:04 PM Reply Like
  • After another hot week for most of the Eastern half of the country this week I expect next weeks report to be closer or at draw down amounts.

    http://bit.ly/ofCrGW
    6 Jul 2012, 05:12 PM Reply Like
  • Looks like my gamble....I mean...investment...in CHK is going to pay off.
    6 Jul 2012, 06:19 PM Reply Like
  • Natural gas has been rising mostly on short covering but with today's key reversal on a spike in volume crossed the T in short-term top, now its time for the correction which should take prices to around 2.500 especially if the new resistance seen at 2.816 caps upside attempts.
    6 Jul 2012, 07:30 PM Reply Like
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