Natural gas prices are so depressed these days, that they are very likely to rise at some point.
But according to Citi, it might be awhile. A large, sustained price move for natural gas may not come until 2011. The pain trade will continue for gas investors in vehicles like United States Natural Gas (UNG).
(Via Citi Investment Research, Oil & Services Equipment: 2010 Outlook, Robin Shoemaker, 9 December 2009)
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See Also:
- Four Reasons Natural Gas Could Explode (UNG, XOM)
- Exxon: The Natural Gas Mega-Trend Starts Today (XOM, UNG)
- Gazprom: Shale Is A Joke, And It Can't Possibly Compete With Gas
Full story at http://feedproxy.google.com/~r/businessinsider/~3/2FnflbzOw_M/citi-the-big-natural-gas-rally-wont-come-until-2011-2009-12
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