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A Golden Future for Natural Gas in the US
The combination of still sharply rising US production, a mild winter in the US, and high inventories caused the Henry Hub price to fall to its lowest level since 2002. We believe, that at the current price level, the risk/return profile is very attractive. US natural gas (Henry Hub) since 1990Sources: Erste Group Research, Datastream In relation to oil, natural gas has fallen to the lowest level since 1970. Oil/gas ratio Sources: Erste Group Research, Datastream It seems as if the natural gas prices are about to find a bottom. We believe that,…Read more...
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