Why Russia is Irrelevant to US Natural Gas
One of the most common questions I’ve received over the past few days is regarding the potential impact of Russia’s invasion of Ukraine on US natural gas prices. Some have asked me if it’s a good time to buy an ETF like US Natural Gas Fund (UNG) or the ProShares Ultra Bloomberg Gas ETF (BOIL).
I actually addressed the Russia issue, as part of a longer analysis of the US natural gas market, in a recent piece I posted over on Seeking Alpha: ProShares Ultra Bloomberg Natural Gas Fund: Sell The Rallies.
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