Live futures stream discussing natural gas
Will natural gas futures see $2.00?
The liquification of the exportation of US natural gas resources is a work in progress; in the meantime, however, the domestic natural gas glut continues. Further, news of a gas pipeline from Russian to China is being viewed by traders as future demand destruction for US fracked gas. Of course, the weak fundamental landscape is being, arguably irrationally, exaggerated by thin holiday trading volume; nevertheless, the long liquidation could continue in the short run.