I learned a new word this week - Contango Contango is when the futures price of a commodity is higher than the expected spot price of the commodity at the contract maturity. https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/forward-futures-contracts/v/contango-and-backwardation-review https://en.wikipedia.org/wiki/Contango This is illustrated today by the ~.20 cent 'upside down' difference between the next two NatGas futures contracts. https://www.cmegroup.com/trading/energy/natural-gas/natural-gas.html UGAZ/DGAZ rolls out of NOV contracts and into DEC contracts soon. https://ninjatrader.com/blog/trade-desk-calendar/ Something similar occured in 2015-16 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151630284 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151630645 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151636406 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151639621 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151641446