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UNG, natural gas ETF

Posted on 7/10/22 at 6:52 pm
Posted by Auburn1968
NYC
Member since Mar 2019
25604 posts
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Posted on 7/10/22 at 6:52 pm

With todays gas liquification plant explosion taking down a second plant, there is going to be more natural gas on the domestic market. Prices could fall on the temporary glut, but LNG prices will go higher. Might make a nice dip and rebound after production is restored.

Biden wasn't campaigning in Oklahoma today was he?
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Posted by Strannix
C.S.A.
Member since Dec 2012
53294 posts
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Posted on 7/10/22 at 7:47 pm to Auburn1968
quote:
With todays gas liquification plant explosion taking down a second plant, there is going to be more natural gas on the domestic market.


Wrong kind of plant baw, thats NGL not LNG.
This post was edited on 7/11/22 at 5:31 am
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