$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Good oppor...
Good opportunity to buy again. We still have to wait a bit, probably until the end of November, then we will see a clear upward trend. If not then.......when....? HaHaHa. Kold shortening is fun.....double profit.
Gas in storage is now 6.1% above the seasonal norm. This marks the fourth consecutive week of higher-than-typical builds, last seen in October 2022. While heating demand is expected to increase later in November as colder weather sets in, forecasts indicate warmer-than-usual conditions through November 20, with temperatures nearing average from November 21-27. Production has also dropped, with average output in the Lower 48 states at 100.0 bcfd so far in November, down from 101.3 bcfd in October.
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