REX American Resources Corp
Latest REX American Resources Corp News and Updates
Natural Gas Prices Could Overshadow the Increasing Stockpile Data
The EIA will publish the weekly natural gas in storage report on June 11. US commercial natural gas inventories rose by 132 Bcf for the week ending May 29.
US Natural Gas Futures Could Continue to Fall
Hedge funds’ net long positions in US natural gas futures (UGAZ) (UNG) and options contracts were at 5,318 for the week ending January 2, 2018.
US Natural Gas Inventories Could Help Natural Gas Futures
The EIA reported that US natural gas inventories rose by 65 Bcf (billion cubic feet) to 3,775 Bcf on October 20–27, 2017.
How Weather Affects Natural Gas Prices
On October 16, the November US natural gas futures contract price was reported as $2.95 per MMBtu.
Why the US Ethanol Industry Matters from a Global Perspective
Fossil fuels are non-renewable, and a shortage can wreak havoc on the economy. It was the desire for alternative energy that gave rise to the ethanol industry.