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Natural gas is one of the most volatile commodities that trade on the futures exchange. The range since 1990, when the energy commodity began trading on the NYMEX division of the CME, has been from a low at $1.02 to a high at $15.65 per MMBtu.
The market has matured dramatically over the past three decades. Massive discoveries of natural gas reserves in the Marcellus and Utica shale regions of the US and technological advances in extracting the gas from the crust of the earth have increased the supply side of the fundamental equation. Since