The total amount in storage went up to 1.607Tcf, in spite of the the cold weather. This is very bad news for natural gas, in spite of the spike in UNG today. We have seen this pattern before in recent weeks.
Thursday, April 14, 2011
Natural gas injection is very bad news for UNG
UNG holder should take note that today there was an injection of 28Bcf.
The total amount in storage went up to 1.607Tcf, in spite of the the cold weather. This is very bad news for natural gas, in spite of the spike in UNG today. We have seen this pattern before in recent weeks.
The total amount in storage went up to 1.607Tcf, in spite of the the cold weather. This is very bad news for natural gas, in spite of the spike in UNG today. We have seen this pattern before in recent weeks.
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