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BOIL - Natural Gas Leaking An Explosion May Be Looming. (Video)
ProShares Ultra Bloomberg Natural Gas
In this video Garrett goes over a number of individual energy stocks that have a significant focus on natural gas and/or natural gas shipping. Natural gas futures, tracked by The United States Natural Gas ETF, LP (UNG)* fell 56% from the November high. Oil futures actually topped a bit early and shaved off nearly 45% from October to December, but UNG has continued to drift lower. This has put tremendous pressure on many names in the Energy sector and adjacent spaces.
The structure of Natural Gas can count as a large expanded flat