Category: Natural Gas
The analysis published under this category are as follows.Sunday, November 29, 2009
Natural Gas Screaming Long-term Inflation Mega-trend Buy, But UNG... / News_Letter / Natural Gas
The Market Oracle Newsletter November 22nd, 2009 Issue #88 Vol. 3Read full article... Read full article...
Sunday, November 22, 2009
Natural Gas Screaming Long-term Inflation Mega-trend Buy, But UNG... / Commodities / Natural Gas
This is the second in a series of analysis on the Inflationary Mega-trend that is anticipated to unfold over the next decade. The last article (Deflationists Are WRONG, Prepare for the INFLATION Mega-Trend) concluded that ever escalating debt fuelled stimulus coupled with never ending Quantitative Easing sows the seeds for a building inflationary outlook far beyond the deflationary impact of debt deleveraging as the DEFLATION of 2008 becomes increasingly old news which is evident in the reaction of near across the board asset and commodity prices during 2009 which WILL translate into higher consumer price inflation during 2010.
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Friday, November 06, 2009
Natural Gas Pullback, a Temporary Affair? / Commodities / Natural Gas
An impressive rally from a September low point has halted medium term bears in their tracks. And in the process an interesting reversal signal has been seen on the longer term continuation chart. The current pullback could prove temporary…
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Thursday, October 29, 2009
Natural Gas Wants a Wicked Cold Winter / Commodities / Natural Gas
With the oil-and-gas price link weaker than it's been in over a decade and with natural gas too dependent on a fierce winter to fuel demand and drive pricing up, CRT Capital Group Senior VP Duane Grubert likes oil better than gas. Consistent with that stance, he also prefers producers that are leaning more toward oil than gas. In the gas arena, he tells The Energy Report in this exclusive interview, he's sticking with players who are diversifying and tends to choose those that are involved in exploration as well as production. While he favors better-capitalized companies for their proven ability to endure, he also likes at least one small-cap firm in the field—Energy XXI—in part for its "material volume upsides through exploring."
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Wednesday, October 21, 2009
Natural Gas Market, What's Going On? / Commodities / Natural Gas
An era can be said to end when its basic illusions are exhausted – Arthur Miller (American Playwright)
There has been a fair amount of talk about the glut of Natural Gas on the market today and how full capacity storage could threaten us by the end of the year. This is a very interesting situation. We are running close to full capacity, yet natural gas prices refuse to go down. In fact, we have had quite a rally off the September lows, moving from slightly below $3.50 to $5.23, up just shy of 50% (November contract).
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Tuesday, October 20, 2009
EIA Data Points to a Bullish Natural Gas Market / Commodities / Natural Gas
Last week the Energy Information Administration released their ‘EIA-914’ report on natural gas production in the U.S. for the month of July. Production decreased 0.7 bcf/day from the previous month—a relatively bullish report. It was the fifth month in a row that production declined, reflecting the fact that the U.S. natural gas drilling rig count has fallen by over half from the highs last fall.
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Friday, October 16, 2009
Russia Goes to Romania for Major Natural Gas Deal / Commodities / Natural Gas
Romania is interested in the South Stream project, Aleksei Miller, the head of Russia’s Gazprom said October 8. There were no talks conducted with Romania on the subject before. If Bucharest agrees, Russia will obtain more opportunities to implement the vital project
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Wednesday, October 14, 2009
Russia Bolivia to Launch Natural Gas Joint Venture / Commodities / Natural Gas
The latest news report that Russia will sign an agreement with the Bolivian government to explore and produce natural gas is a significant setback for US domination of its traditional Latin American sphere of influence. Since it was declared in 1823 as the Monroe Doctrine, the United States, especially its banking elites have regarded South America as a de facto ‘American plantation.’ The move by Russia’s state-owned Gazprom into Bolivia must be seen as Moscow’s asymmetric geopolitical response to US expansion of NATO to the doorstep of Moscow in recent years. The US is ill-prepared to counter with any economic incentive.
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Tuesday, October 13, 2009
Russia's Gazprom Selling Natural Gas to the United States / Commodities / Natural Gas
Gazprom Marketing & Trading (GMT) USA, a member of Gazprom Group, announced the sale of natural gas in the United States on Friday, October 2. The Russian gas monopolist has already entered the US market of liquefied gas. Now it goes about the pipeline fuel.
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Sunday, October 04, 2009
Russian Technology is Useless in Developing Worlds Largest Natural Gas Field / Commodities / Natural Gas
Russia does not possess several technologies required for the development of the Shtokman field – one of the world’s largest natural gas fields – in the Barents Sea. A number of works, including the building of deep-water pipeline, will most likely be conducted by foreign contractors, RIA Novosti news agency said with reference to Dmitry Dmitriyenko, the governor of the Murmansk region.
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Thursday, October 01, 2009
Natural Gas UNG ETF Positive Price-Momentum Divergences, Seasonal Probabilities and a Potential ParaSar Buy Setup / Commodities / Natural Gas
Anyone who’s been following and/or trading the Natural Gas market for the past two years is well aware of the frightening moves that this volatile energy commodity is capable of, both up and down. And did it ever fall down, with UNG shedding a mind-shattering 86% of its peak value between July 2008 and early September 2009. Right now, however, UNG does appear to be making a strong recovery attempt, and several pieces of technical and fundamental data may prove useful to those seeking to determine the most probable direction for UNG to move in the next few months.
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Saturday, September 19, 2009
Doomsday for the Natural Gas Market? / Commodities / Natural Gas
The bearish story for natural gas is becoming very well known. Lots of bearish natural gas analysts are around - rightfully so. With record levels of natural gas storage and weak industrial and generation demand spot prices have dropped to seven year lows (see chart, courtesy Bloomberg).
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Friday, August 28, 2009
New Upleg for UltraLong Oil and Gas DIG ETF? / Commodities / Natural Gas
The hourly candlestick chart of the ProShares Ultra Long Oil & Gas ETF (NYSE: DIG) shows the August rally period, which exhibits bullish form from the August 17 pivot low at 26.43 to the August 25 high at 31.60. After that rally, let’s notice that the pullback to 29.04 yesterday represents an almost exact 50% correction of the prior advance before yesterday afternoon’s initiation of a new upleg.
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Wednesday, August 26, 2009
Is There an Investment Better than Crude Oil? / Commodities / Natural Gas
Is there an investment better than oil?
It seems to many, oil has it all.
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Friday, August 21, 2009
Upside Reversal in Natural Gas UNG ETF / Commodities / Natural Gas
The morning’s low in the U.S. Natural Gas Fund ETF (NYSE: UNG) was followed by an hourly upside reversal in the form of a big “green” candle that spanned 11.33 to 11.74. That upmove represents the largest hourly concentration of buying since August 13 and is a conspicuous entry on the near-term chart picture.
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Tuesday, August 18, 2009
While Hurricane Threatens Supply, Low Demand Keeps Natural Gas and UNG ETF Cheap / Commodities / Natural Gas
So it is hurricane season again in the Gulf of Mexico, and what is happening to natural gas prices -- and the U.S. Natural Gas Fund ETF (NYSE: UNG)? Nuttin! Absolutely nuttin! Huh? How can such a cheap commodity get EVEN cheaper given such a threat to supply? Just maybe the problem is NOT supply.
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Monday, August 03, 2009
New Upleg in Natural Gas ETF UNG / Commodities / Natural Gas
Commodities in general, but the oil and gas complex in particular, are very strong in the early going this AM... Let's have a look at the pattern that is emerging in the U.S. Nat Gas Fund ETF (NYSE: UNG). Purely from a technical perspective this morning’s thrust above near-term resistance at 13.15/20 has triggered the ignition of a new upleg that should hurdle and sustain above 14.00 on the way to 14.30, then 15.00/30 thereafter.
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Thursday, July 30, 2009
Worst of Natural Gas Bear Market Behind Us / Commodities / Natural Gas
The natural gas inventory figures came in more or less as expected, which in this market is a victory! Otherwise, the tame inventory data really should not be a surprise. If we are to believe what my near and intermediate work is telling us, the worst of the gas bear market is behind us, and now we are in the arduous “base-building” phase (measured in weeks) prior to a sustainable powerful upmove.
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Thursday, July 23, 2009
Scaling Into the Natural Gas UNG ETF / Commodities / Natural Gas
After this morning’s marginal new recovery high at 14.00, the U.S. Natural Gas Fund ETF (NYSE: UNG) reversed to the downside in reaction to “in-line” inventory data, which pressed indices to an intraday low so far at 13.25. We initiated a 25% long position in our model portfolio at 13.32. If the UNG is unable to consolidate and lift off from the 13.30/25 area, then I will be looking for another loop down towards 13.00, where we will add another 25% long position.
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Tuesday, July 21, 2009
UNG - United States Natural Gas Fund Trading Update Video / Commodities / Natural Gas
In today's video I will be looking at an ETF that closely tracks the natural gas market. The United States Natural Gas Fund (PACF_UNG) is one of the more popular energy ETFs and a could be a great market to add to your portfolio as the "Trade Triangles" are catching profits from the spectacular moves.
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