2013 Could Finally Be The Year for Natural Gas ETFs

2013 Could Finally Be The Year for Natural Gas ETFs

U.S. Natural Gas Fund (NYSEArca: UNG) was launched in April 2007 and has lost money in every calendar year since then as the commodity’s price has stayed depressed on a supply glut.

However, 2013 could finally be the year that UNG and other natural gas ETFs end the rut. UNG capped a two-day rally with a gain of more than 4% on Friday.

Natural gas exchange traded funds could be moving past their bottom after a four year bear market in gas. Still, supply side strength could keep natural gas futures from breaking out.

http://newsdoors.blogspot.com/2013/01/2013-could-finally-be-year-for-natural.html