Velocityshares 3X Long Natural Gas ETN (UGAZ)

[Marketwise]

When I consider the expanding capacity in the LNG international export market I cannot see how this whole new emerging capacity here in the U.S. can be other than bullish for NG price over the next year or two. We will have gone from a close to zero percent 'export capacity' only a few years ago to a nearly 40% of total U.S. production 'export capacity' by the end of this year. How can this whole new emerging dynamic not be bullish for NG price here in the U.S. Producers are not stupid. They will sell their product where prices are strongest. Only political interference or political legislation can disrupt the scenario from unfolding naturally. I know Trump is after lowest possible oil and gas prices but what will or can he do to circumvent the natural course and flow of free markets. We shall see, I guess.