The Energy Information Administration has looked into the future and declared higher average prices for natural gas this year, naturally lending an assist to the commodity’s related exchange traded funds (ETFs). The EIA expects the spot price to average $4.44 per million BTU, about 49 cents higher than the 2009 average but a downward revision from the earlier forecast. Here are more stories on the subject that may interest you:
- Natural Gas ETF Poised for Gain?
- 4 Reasons It’s Time to Look at Utility ETFs
- Top 10 ETFs Investors Are Trading
- Contango and ETFs: What It Is, What You Can Do About It
- How to Harness Energy By Using ETFs
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.