http://www.usatoday.com/news/world/2009-01-01-russia-ukraine-gas_N.htm
Russia has just shut of natural gas to Ukraine and as an owner of UNG, the natural gas etf, I am happy to see that someone demands payment for a fundamental commodity that has been treated like an overbalanced investment bank.
But does that mean prices will go higher after the hammering it has gotten? I would like to believe that at least someone in the world may want to own some more Btus for the winter, like people used cut down more trees for fuel - you know, just in case.
And for the stock minded, I am thinking Nabors (which was up surprisingly on Wednesday), Nisource or Williams Co. as natural (gas) plays.
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment