Friday, December 11, 2009

Natural Gas (UNG)

Sometimes the NYMEX crowd just ignores supply and demand and looks at pictures instead.
Here's one to warm a natgas traders heart, from AccuWeather:

We're officially hitting the lowest depths of December with one arctic shot

after another across the northern Plains....

The Upper Midwest has, far-and-away, the largest percentage of homes heated with natural gas.

NatGas was up 33.9 cents, nearly 7%, yesterday.