• Freezing Temperatures Could Heat Up Natural Gas Prices

    28 days ago - By ETF Daily News

    Freezing Temperatures Could Heat Up Natural Gas Prices
    Here in San Antonio, the temperature hit a bone-chilling low of 27 degrees last Wednesday, breaking a 102-year-old record for mid-November. An out-of-state visitor, Cornerstone Macro's Head of Portfolio Insights Stephen Gregory, speculated that the Central Texas temperature, ordinarily mild this time of year, was down more than three standard deviations. I didn't make the calculation, but my guess would be about the same.
    With temperatures so low, it's perhaps no surprise that natural gas had one of its best days in years. Its price...
    Read more ...