Natural Gas Is HOT HOT HOT!

Natural Gas is HOT HOT HOT! That's what bullish traders were saying yesterday, after the lead month September contract surged over $1, as temperatures climbed into the triple digits over many parts of the US. Demand for electricity surged in the Midwest, with power companies reporting a record amount of usage due to high air conditioning demand. Energy companies have to fire up gas burning generators to meet peak energy demand. Last week's surprising draw of Natural Gas from storage started a short-covering rally last week that caught many traders off guard. Read More....