One analyst has a view that natural gas is likely to climb to $7 after it breaks the $5 dollar mark. Part of the analysis relies on an assumption that the market was oversold and that demand will rise greatly in the near future. Another take on the recent price swings is that the massive over supply of the market has kept it at a low price and may continue to put pressure on any increases.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=amXWiAO_DhD8
James Sutliff