Crude Oil to Natural Gas Ratio

In the Moneylife issue dated 24 September 2009, we had written about crude oil to natural gas ratio hitting its highest level indicating that oil is vastly expensive relative to natural gas. The conclusion was that either natural gas would go up sharply or oil would fall. Since then, natural gas has shot up 62%, while oil has been weak. Natural gas prices surged mainly because gas supply was expected to be in line with demand, resulting from the brisk pullback in US drilling activity. The number of rigs drilling for natural gas in the US has decreased 56% since last year.
 

  • Like this story? Get our top stories by email.

    User 

    We are listening!

    Solve the equation and enter in the Captcha field.
      Loading...
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email
    Close

    To continue


    Please
    Sign Up or Sign In
    with

    Email

    BUY NOW

    online financial advisory
    Pathbreakers
    Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
    online financia advisory
    The Scam
    28 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
    Moneylife Online Magazine
    Fiercely independent and pro-consumer information on personal finance
    financial magazines online
    Stockletters in 4 Flavours
    Outstanding research that beats mutual funds year after year
    financial magazines in india
    MAS: Complete Online Financial Advisory
    (Includes Moneylife Online Magazine)