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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
83.02
(
-0.13%
)
Bitcoin
63,786.92
(
-0.33%
)
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peza77

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peza77

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Thursday, 10/02/2014 6:39:40 PM

Thursday, October 02, 2014 6:39:40 PM

Post# of 25303
WHY WOULD PRICE OF NAT GAS CLIMB NEXT YEAR ?

I'm trying to get this , dont know that much about natgas production but I thought they are producing ever larger amounts since it is a by-product of oil, which is increasingly being produced in USA.
In 2012 price crashed to close to $ 2.00 or so.
In late 2013/ early 2014 it peaked around 5.00, so why do people think it has to go back to 5, when it could just as well go to 3.00 ??
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