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This left-for-dead commodity could rally soon
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Monday, August 24, 2009
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From Bespoke Investment Group:

It's hard to get overly excited about natural gas when inventories are 22% above their five-year average and 31% above last year's levels, and the gap between current inventories and historical averages has been rising steadily throughout the year.

However, while the fundamentals aren't necessarily attractive, the historical relationship between the price of natural gas and oil is nearing record extremes.

Read full article...

More on energy:

George Soros makes huge bet on oil

Trader alert: Oil trading at critical level

Hedge fund makes BIG bet gas prices will triple

Topics: Energy | Commodities
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