Natural Gas Prices

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Natural Gas Prices

Post by dan_s »

If the world experiences a prolonged La Niña, the potential upside for natural gas prices is enormous. During the 1998-2001 La Niña, prices eventually rose to close to $10/MMBtu –a 500%+ rally from their 1997-98 El Niño lows. However, it took a substantial drawdown in storage levels to get them up there.

http://www.cmegroup.com/education/featu ... egins.html
Dan Steffens
Energy Prospectus Group
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