Key factors likely contributing to increased
natural gas spot trading in the Marcellus area include: rapid increases in Marcellus shale gas production; direct deliveries of Wyoming gas to the Ohio / Pennsylvania border through the Rockies Express Pipeline; and increased use of natural gas for power generation.
Several factors are likely contributing to increased
natural gas spot trading in the Marcellus area:
Not exact matches
In this article, we use current annotated charts of United States
Natural Gas Fund ($ UNG), a commodity ETF that roughly tracks the price of spot natural gas futures, to show you how to trade the cup and handle chart p
Natural Gas Fund ($ UNG), a commodity ETF that roughly tracks the price of spot natural gas futures, to show you how to trade the cup and handle chart patte
Gas Fund ($ UNG), a commodity ETF that roughly tracks the price of
spot natural gas futures, to show you how to trade the cup and handle chart p
natural gas futures, to show you how to trade the cup and handle chart patte
gas futures, to show you how to
trade the cup and handle chart pattern.
Rising production, record end - of - winter storage inventories, and mild weather contributed to
spot natural gas prices nearing their lowest levels in a decade until prices rebounded at most
trading points to the high $ 2 / MMBtu range by the end of June.
Marcellus - area
spot natural gas trading (InterContinentalExchange (ICE) day - ahead transactions) has more than doubled from under 1 billion cubic feet per day (Bcfd) to almost 2 Bcfd on average since 2005 (see chart).
The Henry Hub
natural gas spot price (the Henry Hub is a distribution hub located in Erath, La., that interconnects with nine interstate and four intrastate pipelines, making it an important pricing point for futures contracts
traded on the New York Mercantile Exchange) averaged $ 2.51 / MMBtu in 2016.