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Blogs tagged with UNG

Even Bigger earthquake hits Cushing, OK

UPDATE POSTED 11/8/2016:  And poof, the post earthquake gains in natural gas have now evaporated.  UNG, the largest natural gas ETF, will open this morning under its prior week lows giving back all the gains from yesterday.  Obviously, the market doesn't care about the obvious relationship between activities associated with fracking and seismic activities throughout the Red River region.  

A 5.0 magnitude earthquake hit Cushing, OK this morning, the juncture for a major oil and gas pipeline.  It got a few people's attention but the story has...Read more