Around 32% of U.S. natural gas demand goes to power generation, according to the Energy Information Administration, and that could be good news for the ultra-volatile UNG this summer. There are never any guarantees that past performances will repeat, but for what it is worth, UNG closed at $19.30 on July 2, 2012. By the end of the month, the ETF was trading above $22.
U.S. Natural Gas Fund
ETF Trends editorial team contributed to this post.