Wednesday, November 5, 2014
Natural Gas Prices are Going Higher (So are these “Super Shift” Opportunities)
While everybody is focused on oil, natural gas prices are moving in a very different direction.
Up.
As of this afternoon, natural gas prices at Henry Hub stood at $4.15 per 1,000 cubic feet (or million BTUs). Since last Thursday, the price of natural gas has jumped by 13.7%.
Located in Erath, Louisiana, Henry Hub serves as the official delivery location for futures contracts on the NYMEX. It serves the same function that Cushing, OK does for crude. (more)
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