Economic Event

Up in Smoke?

I am concerned about the CNQ stock, as shown in the two article headlines below natural gas prices are either falling or rising.  I was planning to hold $30,000 for the game duration since it was one of the biggest earners over the past few weeks. For the first time in 4 weeks there was a net loss at the end of the week. 

Government says the price of heating is headed up this winter

‎Source: WALB-TV – October 13, 2010

The average cost of natural gas is expected to rise about $27. ... And homes heated with propane could see prices rise by $136...to read more click here

Plunging natural gas prices chill sector

Source: Martin Mittelstaedt 

Gold, silver and a host of other commodity prices are in liftoff mode. But one important material isn’t joining in the party: natural gas.

The fuel’s price has been falling recently, and by many accounts, is likely to continue going that way, possibly for a long time...to read more click here