Natural gas (UNG +4.2%) rises to its highest price since mid-2011 after a smaller-than-expected...


Natural gas (UNG +4.2%) rises to its highest price since mid-2011 after a smaller-than-expected add to stocks. At play here, suggests Tradition Energy, is an unusually cold spring adding to heating demand. Warmer temps and the looming restart of idled nuclear plants could limit future gains.

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Comments (3)
  • choclabs3
    , contributor
    Comments (6) | Send Message
     
    Shorts keep getting caught with the never ending winter many states are experiencing. With today's spike, I may put a short position on. I believe it is time "global warming" takes over and summer arrives.
    18 Apr 2013, 01:58 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
     
    $4.50 was the target set by GS almost two weeks ago. Watch that level.
    18 Apr 2013, 04:42 PM Reply Like
  • shortstory
    , contributor
    Comments (2) | Send Message
     
    seasonals suggest an annual top end of April based on 17 years...today could have been blowoff top....next 2-3 days will tell the tale...
    19 Apr 2013, 12:51 AM Reply Like
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