United States Natural Gas Fund Lp ETF News

"No One Wants To Be Short" - US NatGas Futures Erupt As Cold Sweeps East Coast U.S. natural gas futures jumped to levels not seen since early December amid a cold blast across the eastern U.S. and new threats of a winter storm over the weekend. Futures for February delivery soared 9.5% to $4.66 per million British thermal units, the highest price since Dec. 1. In a weather forecast Tuesday, we noted that some of the coldest air in years is pouring into parts of the U.S. Major metro areas across the East Coast are seeing frigid temperatures, which are boosting heating demand. Average temperatures in NYC are expected to be well below the 30-year average through the end of the month. Heating degree days for NYC will be above normal through the second half of the month -- this means heating demand will soar. Dennis Kissler, a senior vice president at Bok Financial Securities Inc., told Bloomberg that the move in gas prices is "about short-covering and how much colder weather can get into January through February." "Add in the tight supplies in Europe that may bleed over to Asia, and no one wants to be short," Kissler said. "Front-month futures reached the highest seasonal price since 2010.

The head of the International Energy Agency has blamed Russia for much of Europes natural gas crisis

By Kate Abnett and Simon Jessop BRUSSELS (Reuters) A coalition of investors managing 50 trillion euros ($56.81 trillion) has warned the European Union not to label natural gas investments as sustainable, saying Brussels draft plan to do so would weaken its global leadership on green finance.

Smart Beta ETF report for FCG

Williams (WMB) says it delivered a record-breaking 17.15M dekatherms of natural gas on January 3 via its Transco interstate pipeline.While extreme winter weather usually coincides

The Economy/Market Look "Healthy" Until They Have A Seizure & Collapse Authored by Charles Hugh Smith via OfTwoMinds blog, So one index or asset or another hits a new high, wow, more proof everything is so robust and healthy, we never had it so good--right up to the seizure and collapse. Some readers occasionally make the point that I''ve been predicting a market crash for ten years and been dead-wrong for ten years. I''m all for mocking presumptuous pundits of either the tin-foil hat or mainstream variety, but that''s not quite what I''ve been saying for 13 long, tedious years. What I''ve been saying is that living on junk food and sugar-cocaine speedballs isn''t "health" just because a handful of pills has dropped cholesterol readings to "healthy" levels. If we define "health" by a metric that is easily manipulated, then the illusion of "health" can be maintained right up until the supposedly "healthy" individual has a seizure and drops dead. Since the 2008-2009 financial-coronary and emergency-intervention that revealed the abjectly poor health of the global financial system, central banks and states have jacked up stocks and other assets as the metric of a "healthy" economy.

Uzbekistan has halted exports of natural gas in order to meet domestic energy needs.

Read more about Global natural gas shortage worsens as India, Indonesia join the hunt on Business Standard. Indian Oil Corp. and Gujarat State Petroleum Corp. have recently bought spot cargoes of liquefied natural gas after being absent from the market for months, according to traders

The UK government believes it has until April to find a solution to ease the burden of surging natural gas and energy prices on utilities and households, although no immediate fixes have been adopted. As a result of the energy crunch, households in the UK will face much higher electricity prices beginning in April, as the government prepares to raise the so-called cap on utility bills. The UKs energy regulator Ofgem is expected to announce the new price cap on energy prices in early February, but the effect on household bills will be felt

FCG: Don't Pass On This Natural Gas ETF

Natural gas-related exchange traded funds could begin to heat up as colder weather forecasts help fuel heating demand. The United States Natural Gas Fund (NYSEArca: UNG) has declined 35.8% over the p

The post Despite December Warmth, January Chills Send Shiver Through Natural Gas Forwards Market appeared first on Natural Gas Intelligence

Households will see a 40% reduction in their natural gas bills for December, between the measures announced by the prime minister and the reduction agreed by the Public Gas Corporation (DEPA), Environment & Energy Minister Kostas Skrekas said on Wednesday.

Fortis Inc. found using ticker (FTS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 44.83 and 41.12 and has a mean target at 42.87. Given that the stocks previous close was at 46.92 this would imply there is a potential downside of -8.6%. The 50 day MA is 45.02 and the 200 day MA is 44.91. The company has a market cap of $22,321m. Company Website: https://www.fortisinc.com [stock_market_widget type="chart" symbol="FTS" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 433,000 retail customers in southeastern Arizona; and 98,000 retail customers in Arizona''s Mohave and Santa Cruz counties with an aggregate capacity of 3,233 megawatts (MW), including 59 MW of solar capacity.