Energy and Industrials Question
When oil prices go higher, will Nat gas go with them?
Asked by CUWu in
Energy and Industrials
10 months ago
Best Answer
989 points
rvilmur answered 10 months ago …
Natural Gas is more dependent on the weather which has been and will continue to be cold in the Midwest and Eastern part of the US; so the stored supplies should be retreating which normally leads to higher prices.
I would consider the ETF symbol UNG which is currently near its low to be a good way to participate in any natural gas price rise.
Answers
2222 points
readytoretire answered 10 months ago …
Yes, but the correlation between the two hasn't been as good as it once was. Gas seems to lag behind the price of oil.
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