Natural Gas Prices Surge..WSJ – Commodity Research Group

June 5, 2016 by Jim Colburn Leave a Comment

The Wall Street Journal reports that natural gas prices are moving higher with help from technical speculators:

“Natural-gas prices surged to a new four-month high after futures broke through an important technical level and forecasts warmed for one of the country’s biggest markets for demand.” (http://www.wsj.com/articles/natural-gas-shoots-up-on-technical-trade-1464708892)

Here is a long term chart from barchart.com, which puts the current move in perspective:

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