Even more so than crude oil, the U.S. has a natural advantage in natural gas production. Some have already started running, but others are still completing bases.
AROC and NGS do compression services, KLXE drilling. GLNG and LNG does – well – – LNG!
The rest are producers.
The leveraged energy ETF GUSH has been having a grand old time. I’m sure we’re all looking forward to giving Exxon and Chevron as much of our cash as possible.
I worked pretty late last night, and I couldn’t help but take a glance at the /ES screen every few minutes. I had ended the day very, very, very short, and worry started to cloud my mind.
The market had been battered down to the lows of last Friday, which at the time was an important short-term bottom, and I wondered to myself if I was setting myself up for catastrophe. The market already seemed to be going into “healing” mode, and who knows what shocker of a headline I might wake up to in the morning. When I turned my monitors off, the /ES looked like this:
