Natural Gas Prices are Going Higher (So are these “Super Shift”...

Natural Gas Prices are Going Higher (So are these “Super Shift” Opportunities)

by Dr. Kent Moors | published November 4th, 2014
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.
The week-long spike in price shows that natural gas doesn’t necessarily move in tandem with oi