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Message
re: BOIL has become predictable
Posted on 2/13/14 at 10:30 am to TheBigHurt
Posted on 2/13/14 at 10:30 am to TheBigHurt
quote:
DGAZ at $3.70. With warm weather ahead, I think it is time to jump in.
Can you tell me why? Explain like I am a 4 year old.
Posted on 2/13/14 at 10:44 am to I Love Bama
Heaters run off of natural gas. Due to colder than expected Winter, the U.S. has dipped hard into our storage causing nat gas prices to rise. A/C's run off of electricity. U.S. produces an abundant amount of nat gas. With warmer weather the price will come down. Profit
Simple supply and demand issue. Last April DGAZ hit 22ish.
Simple supply and demand issue. Last April DGAZ hit 22ish.
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