Introduction
I last wrote publicly about natural gas on December 3, 2018, yet, following the November price spike, where natural gas prices rose 41.4%, following an 8.4% increase in October, when almost all financial assets had losses, front month natural gas prices have pulled back sharply in December, sparked by a bearish turn in December weather forecasts, declining -16.8%, with the United States Natural Gas Fund (UNG) lower by -17.6% in December.
The December pullbacks have decreased 2018 year-to-date gains in natural gas prices to 30.0% through December 18, 2018, with UNG