Hurricanes and Heat Waves Put Natgas Traders on Edge
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Natural gas prices are up about 75% from the beginning of this year. With all the fuss over crude oil and the cost of food, it’s easy to overlook what a dramatic move this is. But natural gas could have even further to go.
Energy analyst Subash Chandra of Jefferies & Co. tells The Wall Street Journal, “We could see $15 [natural] gas this summer. All the elements are there.”
Two things weighing heavily on natgas traders’ minds right now are hurricanes and heat waves. The first factor (threat of hurricane) could cut into supply by damaging production in the Gulf. The second factor, a rising heat wave, causes demand to go through the roof as sweating Americans turn up their air conditioners.
Natural gas is one of those invisible threads woven throughout our lives. We all make use of it much more than we realize, and the costs hit us in many unrealized ways, too.
The good news is, those costs can be offset by profit opportunities for savvy investors in the natural gas space.
Justice Litle
Editorial Director, Taipan Publishing Group
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Source: Hurricanes and Heat Waves Put Natgas Traders on Edge
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Tags: , Justice LitleAbout the Author
Justice Litle, Executive Editor for the Taipan Publishing Group and of the Free E-letter, Taipan Daily, has a unique background that has served him well in the markets. Originally pursuing a PhD and a life in academia, his career path changed forever after discovering The Investment Biker, Jim Rogers chronicle of macro investing by way of motorcycle.

Taipan Daily is your free resource for late-breaking investment opportunities to help you beat Wall Street to the profits. Filled with investment analysis and insight from every sector. Taipan Daily delivers just the right blend of safe opportunities with the fast-moving plays, so you have an insider's edge over Wall Street and other investors.

