Natural gas soaring again

|By:, SA News Editor

Natural gas (UNG +6.5%) is flying today amid a brutal winter in much of the country that just won't quit, and ahead of Thursday's supply numbers which are expected to show another near-record draw on storage.

There's also bottleneck issues in some of the Northeast, especially curious given the Marcellus production boom is nearby. Production growth from Marcellus reached 4 Bcf/day in 2013, but consumer prices have barely benefited (gone lower), notes the team at Goldman.

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