News

Summer gas prices hit 11-year low
21
Jun
2016

Summer gas prices hit 11-year low

Travelers hitting the road this summer will have a little more money in their pockets thanks to persistently low gas prices. The national average price Monday of $2.33 a gallon was the lowest to kick off the summer solstice in 11 years, according to a weekly report by GasBuddy.com, a website that monitors gas prices.


How air conditioning makes natural gas an attractive short trade
15
Jun
2016

How air conditioning makes natural gas an attractive short trade

It is a common myth among novice futures traders that you buy natural gas at the beginning of summer because increased demand for electricity from U.S. air conditioning needs will spur demand for the natural gas that fuels many electricity-generating plants. While this is a massive overgeneralization of price forecasting (as is most trading folklore), it is grounded in fact.