Natural Gas Prices to Rise Over Next Decade; Commodity Report by Leading Financial Newsletter Profit Confidential

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Sasha Cekerevac, contributor to Profit Confidential, says natural gas prices are set to increase over the next decade, as more vehicles begin the shift to natural gas use over gasoline and more factories begin to use natural gas as an input.

Natural Gas Prices to Rise Over Next Decade; Commodity Report by Leading Financial Newsletter Profit Confidential

Natural Gas Prices to Rise Over Next Decade; Commodity Report by Leading Financial Newsletter Profit Confidential

“Natural gas has become a great asset for the U.S.,” says Cekerevac. “This has led to a large increase in the supply of natural gas, causing issues with a lack of storage facilities and an inability to ship the commodity overseas.”

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Sasha Cekerevac, contributor to Profit Confidential, says natural gas prices are set to increase over the next decade, as more vehicles begin the shift to natural gas use over gasoline and more factories begin to use natural gas as an input.

In the article “Is the Natural Gas Price Rebound for Real?,” Cekerevac highlights that natural gas prices are notoriously volatile.

“Natural gas has become a great asset for the U.S.,” says Cekerevac. “This has led to a large increase in the supply of natural gas, causing issues with a lack of storage facilities and an inability to ship the commodity overseas.”

Cekerevac notes that the storage facilities for natural gas earlier this year were on pace to be completely filled.

“If that were the case, the price for natural gas would have collapsed completely,” Cekerevac argues.

However, he notes that the high temperatures across the nation have increased natural gas consumption for electricity use to generate air conditioning.

“There is still the potential for prices to decline over the short term if temperatures cool off in the latter part of the summer,” says Cekerevac.

Cekerevac highlights that the stock chart for natural gas shows that the market is at the approximate 50% retracement level from the relative high last fall to the lows in April.

“Note that the $3.00 area has been a crucial level in the past,” says Cekerevac. “Also note that the 200-day moving average is causing some resistance during the recent upswing.”

Cekerevac believes that the market will trade in a range of $2.50 to $3.00 before breaking out to either side.

“Of course, with the weather, anything can happen,” says Cekerevac.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.

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