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Natural gas (UNG +2.7%) prices may only have another month or so before more favorable demand...

Natural gas (UNG +2.7%) prices may only have another month or so before more favorable demand dynamics begin to kick in, Morgan Stanley says. Coal-to-gas substitution this summer due to low gas prices helped keep prices down at a time when the gas glut was already pushing that way, but the firm says it’s getting closer to the time of year when those dynamics weaken.
Comments (1)
  • kmi
    , contributor
    Comments (4088) | Send Message
     
    Coal/NG still favors NG, and likely will for the foreseeable future (it's wide), dunno where this is coming from, someone correct me if I'm wrong.

     

    NG up or coal down, I bet the latter...
    4 Sep 2012, 01:57 PM Reply Like
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