These ETN's are about swing trading. We don't have to refill inventories to pre-winter levels in order to see a bounce in DGAZ prices. What will ultimately send natty gas futures "to the moon" is when the 25 LNG plants that have been applied for permits through the FERC gets approved and the infrastructure for a globally traded market comes on line. That will take a few years and between now and then will be plenty of DGAZ pops.
Ignorance is bliss. At least you have bliss to fall back on.
9:47 PM 04/07/2014
Americans have recently been hit with some of the largest premium increases in years, according to a Morgan Stanley survey of insurance brokers.
The investment bank’s April survey of 148 brokers found that this quarter, the average premium increase for customers renewing an insurance plan is 12 percent in the small group market and 11 percent in the individual market, according to Forbes’ Scott Gottlieb.
The hikes — the largest in the past three years, according to Morgan Stanley’s quarterly reports — are “largely due to changes under the [Affordable Care Act],” analysts concluded. Rates have been growing increasingly fast throughout all of 2013, after a period of drops in 2012.
Yes, the government loves those short and long term capital gains taxes applied to the latest bull market, a product of zero percent interest rates. Meanwhile the target demographic for Obamacare is still woefully short and workforce participation rates are 63%. The CBO predicts more people will voluntarily excuse themselves from the productive segment of society due to Obamacare, so those of us who are still working get used to doing what we've done for Dim-0-cRats for YEARS: forking over a larger percentage of our paychecks to finance the votes that are needed for account for the tax-and-spend party.
A brief history of social security: The payroll tax started out at 2% in 1940, then 3% in 1950, 6% in 1960, 8.4% in 1970, 10.16% in 1980, 12.4% in 1990 until present. And now the self employed has to pay the employer's contribution as well, so the total is 24.8% for those with a private business. I D I O T
I D I O T S want an America that resembles socialist Europe where unemployment averages 12.7% and Mario Draghi infromed the world yet again today that they simply need more EASING. More, more, more! And the French want LESS LESS LESS of Francois Hollande.
Might not see 50 again...unless reverse split. Russia has ruined the potential
This is nothing compared to TVIX. It was over 8,000 several years ago and now is trading for just over 7 bucks. Well, hopefully these scams have found a bottom, because they certainly have not had good long term returns to date. Best to day trade them.
Nice uptick in volume here. Trading fast and furious. I entered @ 3.31 and plan to hold until well into the summer. No reason I can see that Nat Gas futures won't head back to $3.50.
Your first statement is false. And the second statement tells me you didn't read the article.
Putin has ruined all the gold shorting. When these nut jobs cover, we will be on the south side of 1550, which is the next major resistance.
z made at a gathering of energy executives last week in Houston.
Erik Milito, upstream director for the American Petroleum Institute, the nation’s largest trade group, acknowledged Wednesday that significant U.S. gas shipments won’t be made until the end of the decade but said “market signals are incredibly powerful—provided the market believes that we will do what we say we will do.”
Even though U.S. gas can’t flow to Ukraine this year, he argued, there is an LNG receiving terminal in Spain that could take gas shipments that would put the fuel into an extensive European pipeline network, helping multiple countries, including Hungary and the Czech Republic.
Jaroslav Neveroviè, the energy minister for Lithuania, which gets all of its gas from Russia, said U.S. natural-gas exports would bring more competition into the global market overall and so no matter where U.S. gas goes, it could help reduce prices in Europe.
“It’s really a matter of demand and supply, and that’s what we are hoping for,” Mr. Neveroviè said.
You just can't make this stuff up. Worst gubmint EVAR.
ay is not going to be lost on the people of Ukraine, our allies and the leaders of the Kremlin.”
His amendments were blocked, but the issue is unlikely to go away. Mr. Barrasso vowed to push for a vote in front of the full Senate, and he may have a key Democratic ally. Sen. Mark Udall of Colorado, who is in a potentially tight re-election race, is pushing legislation that would similarly expand the number of countries that could receive U.S. natural-gas.
Until a few years ago, the U.S. expected to be a major importer of natural gas. Only recently have companies proposed to turn terminals that were originally built to import gas into export facilities. Advances in drilling technology, like hydraulic fracturing of wells, have unlocked vast new crude-oil and natural-gas reserves in the U.S. The U.S. surpassed Russia to become the world’s biggest natural-gas producer in 2009.
Energy companies as well as lawmakers have seized on the crisis in Ukraine as a way to speed up the federal permitting process for natural-gas exports, which involves both the U.S. Energy Department and Federal Energy Regulatory Commission. Companies and their trade associations in Washington say the review is arduous, at best.
“Government decision making has been in a state of near paralysis when it comes to approving LNG export applications,” Exxon Mobil Gas & Power Marketing Co. President Rob Franklin said, adding that several proposed gas export projects have been delayed at least two years because of bureaucratic red tape.
Right now, LNG exports from the U.S. are almost nonexistent. The first plant to get federal export permits is under construction right now, and fuel shipments won’t start for almost two years. Significant gas shipments out of the U.S. aren’t expected until about 2020.
Even then, there is no guarantee energy companies will sell that gas to Europe. That is because the highest price, not the government, dictates where gas exports go, a point Energy Secretary Ernest Moni
U.S. lawmakers are pushing proposals they say will unleash a wave of American natural-gas exports to replace the Russian gas now flowing to Ukraine and to other parts of Europe.
But experts and industry observers caution that such a move isn’t as easy as flipping a switch.
Neither the infrastructure nor international markets for natural gas have evolved to the point where the U.S. can step in and provide the kinds of energy supplies that would quickly reduce these nations’ dependency on Russian gas.
U.S. energy companies need several more years to build plants to export the gas—and Ukraine doesn’t have the facilities to receive it. Shipping natural gas on a tanker requires chilling it to a liquid state at minus-260 degrees Fahrenheit. The giant machines and cooling towers it takes to make liquefied natural gas, or LNG, take years to construct and cost billions of dollars.
Moreover, some experts say, whatever Washington does now on natural-gas exports won’t have an immediate impact on Russian President Vladimir Putin’s decisions.
“The fact that U.S. liquefied natural gas might go to Europe in three or four years is not going to change Putin’s calculus,” said Daniel Yergin, vice chairman of the energy consultancy IHS. “His calculus is about the here and now.”
Lawmakers who want to assert America’s energy might on the global stage were pushing this idea long before the crisis in Ukraine. The current situation, though, has given them new ammunition. They say that even a signal that the U.S. plans to export natural gas—even if it happens years from now—could have an immediate impact on Mr. Putin’s action and energy markets in Europe.
“The message we’re sending right now is we’re actually more willing to protect Russia’s energy monopoly,” Sen. John Barrasso (R., Wyo.) said Wednesday at a Senate Foreign Relations Committee meeting, where he tried to amend a Ukraine aid package with measures that would speed the flow of gas to Kiev. “The irony of what’s happening tod
Take a break in equities as the market discovers cold weather wasn't the cause of low retail spending. But warmer weather will cause nat gas stocks to rebound sharply. Next three months will be profitable in DGAZ.
All of this finger wagging by the U.S., EU and NATO is going to fall on deaf ears. All sides have their economic issues and do not wish to get into a long, drawn out and expensive war. But if the West is serious about getting Putin out of Crimea, it will come at the cost of a military skirmish. He will not leave on sanctions alone.
I too have been take back by the number of anti-government protests that are occuring simultaneously around the globe. I haven't seen anything like it in my life time.