It looks as if Nat Gas is breaking out yet again. This time it is the psychologically important $3 level. I think that looking at longer-term charts gives a target of $3.40
However, the higher these prices go, the more likely a lot of stagnant drilling comes back online. The verdict? We will go higher, and then the selling will increase again. 14 Trillion cubic feet of proven reserves in the USA alone will ensure this......
However, the higher these prices go, the more likely a lot of stagnant drilling comes back online. The verdict? We will go higher, and then the selling will increase again. 14 Trillion cubic feet of proven reserves in the USA alone will ensure this......