Cold Snap Puts Natural Gas ETFs in the Spotlight
Posted on January 6th, 2010 in Stock Trading | No Comments »
Tom Lydon (ETF Trends) submits:
The United States is chilling out – literally. The cold snap is pushing natural gas demand up, which has some ETF investors wondering if this presents an opportunity in funds focused on the fuel.
A higher-than-expected supply of natural gas could get used up as downright Arctic weather settles over much of the United States. Could this be the boost that United States Natural Gas (NYSEArca: UNG) needs?
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