Is The Pendulum Swinging From Oil Back To Natural Gas? - Part 2
- Natural gas storage inventory levels are near an 11-year low and exactly half of the level of one year ago.
- Meantime, Gulf Coast oil inventories are at record highs.
- It would appear that for the first time in years, the outlook for the price of domestic natural gas is more bullish than that of domestic oil.
- Canadian gas producer Peyto Exploration looks poised to benefit from the trend in North American natural gas prices. Stock could.