NatGas Traders Keep Eye on $3.14/MMBtu “Pivot” – Bears or Bulls?

You can go crazy trying to forecast where the price of natural gas is heading---and why. Lately the price has stayed above $3/MMBtu. That's always a happy thing. Will the price stay continue to stay above $3? Will it go up even more? Or fall below $3? Are the "bulls" (those who think the price will go higher) or the "bears" (those who believe the price will go lower) in charge at this point? These are all great questions, and the answer is, "It depends on who you read and listen to."

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