UNG ETF for NATURAL GAS - READ THE NOTES IMPORTANT
Now Nat Gas is trading for $2.3 per BTU
In Europe it sells much higher between $70 and $100 per BTU
The Biden Administration over regulated the Nat Gas industry in the USA, and many users of the commodity switched to other fuels like Coal for example and Solar and Wind. Ineficient.
NAT GAS coupled with Scrubbing Technology is litterally 99.9% clean. Dipnts makes great scrubbers.
Now Nat Gas moves in four year cycles, well as you can see when Biden took office it was operating normally at $130 for the UNG.
Finnaly everyone realized that NAT GAs from America is the way to go.
One Liquified Gas Tanker per month keeps the lights on in London.
Gas then is obviously the way to go, not wind nor solar.
EEUU had been supplied by Iran through QATAR, this is theoretical but super likely. Trump will reopen our energy industry, but the damage the Biden White House made is expensive. We could be facing shortages, as gas storage deposit have been partially depleted. and Production costs are indeed $7 per BTU at $7 UNG should trade at the conversion near $130 more or less. please do your own work and be diligent.
User of nat gas are looking at the situation and will use likely UNG as a hedge.
I bought some and maybe you should too. This is not financial advise, as you all understand we post to participate together in addressing capital allocation and solving future needs. In this case hedging against volatility.
In Europe it sells much higher between $70 and $100 per BTU
The Biden Administration over regulated the Nat Gas industry in the USA, and many users of the commodity switched to other fuels like Coal for example and Solar and Wind. Ineficient.
NAT GAS coupled with Scrubbing Technology is litterally 99.9% clean. Dipnts makes great scrubbers.
Now Nat Gas moves in four year cycles, well as you can see when Biden took office it was operating normally at $130 for the UNG.
Finnaly everyone realized that NAT GAs from America is the way to go.
One Liquified Gas Tanker per month keeps the lights on in London.
Gas then is obviously the way to go, not wind nor solar.
EEUU had been supplied by Iran through QATAR, this is theoretical but super likely. Trump will reopen our energy industry, but the damage the Biden White House made is expensive. We could be facing shortages, as gas storage deposit have been partially depleted. and Production costs are indeed $7 per BTU at $7 UNG should trade at the conversion near $130 more or less. please do your own work and be diligent.
User of nat gas are looking at the situation and will use likely UNG as a hedge.
I bought some and maybe you should too. This is not financial advise, as you all understand we post to participate together in addressing capital allocation and solving future needs. In this case hedging against volatility.
ノート
this article could be useful to undersand more about NAT GAS
oilprice.com/Energy/Natural-Gas/Winters-Chill-Exposes-Cracks-in-US-Gas-Market.html
ノート
AI also needs massive amounts of NAT GAS and so do Teslasノート
Electric transport is anticipated to required 3X our current electric generation. and yes, there are new nuclear reactors that are smaller and safer, but Nat Gas is so abundant and so cheap it is criminal to look at other technologies. ノート
To calculate the price change in UNG per dollar move in natural gas, we'll use the given information:
UNG price on 11/16/2024: $12.84
UNG price on 11/20/2024: $14.73
Natural gas price on 11/16/2024: 1.92/MMBtu
Natural gas price on 11/20/2024: 2.10/MMBtu
Change in UNG price: $14.73 - $12.84 = $1.89
Change in natural gas price: $2.10 - $1.92 = 0.18/MMBtu
Price change ratio: $1.89 / $0.18 = $10.50
Therefore, for each $1 move in natural gas prices, UNG changed by approximately $10.50.
today Nat Gas is at $2.10 per BTU, I calculated that the break even price cost of production in America is circe $7 per BTU , now we are then $5 away from break even, ass prift margin at $4 and that is a total of $9 per BTU north. that means the EFT has $94 to go, plus the current $14. and We see $108 in the horizon. This is real money.
ノート
one MMBtu is huge volume. so affecting prices for heating, unlikely - the commodity is way way too cheap. Biden, forced many energy users to transition to solar and wind and coal and abandon Nat Gas. A ridiculous endeavour, when we have sooooo sooo much gas to light the entire world if we want to. and to generate electricity add a scrubber and it is 100% clean. Trump is right we have been fleeced these last 4 years, an outrage. Anyhow, here we are, with gaseous gold about to be freed. ノート
By the way - nat gas is soo soo cheap that manufacturers should be giddy and happy and start using it when these crazy regulations are removed. 
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