Natural Gas Contango Today; Inventories Tomorrow; Opportunity Now

Natural gas inventories will be released tomorrow, offering an opportunity to natural gas - and UNG - investors. More on this later.

Today's contango situation:

The contango on July for August contracts is 0.7%, and August to September is 0.54%. These are low contango numbers, and in general bullish for UNG. However UNG has lost its owner billions of dollars, so investor beware.

Stay tuned.