Natural Gas Closing Price at Mid Nov. 2009 $4.63; Recovery of $1.00 Since Mid-September 2009
NYMEX HENRY HUB NATURAL GAS FUTURES: $4.63 Last Trade UP +0.238 (+5.42%) on November 16, 2009 in energy closing markets.
Consumer spending is beginning to improve. Retail sales during Oct. 2009 were pegged higher.
Consumer spending is beginning to improve. Retail sales during Oct. 2009 were pegged higher.
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Comment by LWC on December 10, 2009 at 10:21
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RAY-T18 is this your formula or is it based on general rule ? As the price today is 5.28--does the lease activity increase when prices go over 5.00?
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Comment by David on November 23, 2009 at 6:02 -
Bloomberg has an article today: Natural Gas Poised to Rebound to $4.70: Technical Analysis.
Opening graf:
Nov. 23 (Bloomberg) -- Natural gas futures are poised to rise near $4.70 per million British thermal units as a critical area of support is formed at $4, according to a technical analysis of trading patterns.
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Comment by RAY on November 19, 2009 at 9:46
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add a $1000 to lease bonus for every dollar gas sells at.
$5 gas = $5,000 bonus
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