tedstr

Natural Gas: Worst Investment Ever?

Certainly much has to do with supply...we have more than ever. But the big controlling factor is usage and that is driven by industrial demand, principally electricity. Electricity demand has been dropping for months due to our indistrial over capacity. utilities are slowing generation or switching to coal and hydro plants to preserve margins.

This all makes a perfect storm for Nat Gas prices and a perfect buying opportunity once in a decade. A slight bump in electricity demand will send the utilities back to Nat Gas ASAP and a nice bump back up in price.