I have been looking to go bullish on Natural Gas for quite some time. I have read some intriguing articles on how the "ratio" of Oil to Nat. Gas is at an all time high a.k.a. Unit Price of Oil : Unit Price of Nat. Gas *> * than what is historic. I just looked to see if there is a recent article. Here's an excerpt of one from http://www.cnbc.com/id/31174107: "The divergence of these energy commodities has some investors believing a price correction could be in place. Indeed, the average price for natural gas in the past twelve months was $6.511 / million BTU, while the average price for crude oil over the same period stood at $74.61. The five year averages for the two are $7.495 and $68.50 respectively. If they were to move to their averages, natural gas will have a significant move." Unfortunately, I do not believe this is necessarily the bottom for natural gas. However, for purposes of an imaginary portfolio, I'll start "building my position" now.
$13.96 (06/09/09)
