Tuesday, July 29, 2008

Natural gas shares fall hard, oil dips

This MarketWatch piece is an excuse to lift a Bespoke chart that succinctly explains "Crude Oil and Natural Gas Prices Reliably Intertwined?":
Investors punished natural gas stocks on Tuesday, with earnings updates from oil major BP and refining giant Valero on tap, along with falling oil prices and problems for Royal Dutch Shell in Nigeria....MORE

Here's another of Bespoke's wonderfully simple charts:


Go here for the verbiage.