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home / news releases / UNL - Natural Gas Pipeline Outage Heavily Impacts Production

UNL - Natural Gas Pipeline Outage Heavily Impacts Production

United States 12 Month Natural Gas Fund
  • Lower 48 production is down ~4 Bcf/d since the Majorsville Facility shutdown on Wednesday.
  • The immediate response in the market was for prices to go through the roof and our short position to get stopped out.
  • But while production has been severely impacted, power burn has also fallen off a cliff due to cooler weather.
  • Current weather projections show neutral to slightly warmer weather ahead, which is not supportive given where prices are today.

For further details see:

Natural Gas Pipeline Outage Heavily Impacts Production
Stock Information
Company Name: United States 12 Month Natural Gas Fund
Stock Symbol: UNL
Market: NYSE
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