Puplava: Natural Gas Prices To Move Much Higher?

[wilmawatts]

Severely low natural gas storage levels in the Eastern US – coupled with brutal cold weather and more of the same forecast using long term ensemble models – might push natural gas prices higher this summer, possibly substantially so according to a radio interview with Jim Puplava. At current valuations energy is an ‘undervalued sector’ with strong fundamentals according to the San Diego based PFS Group.

The interview is at the following link:

http://www.lsgifund.com/SMU/2.25.14-fsn-dancy.mp3

The research report on the energy sector that is mentioned at the end of the interview can be found at the following link:

http://www.financialsense.com/contribut ... lows-ahead

The comments were similar to Dan's recently at SMU, where he said he could see a scenario where natural gas prices could double as storage is depleted and refill volumes need to be contracted for.