NATURAL GAS BULLISH CYCLE

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NATURAL GAS BULLISH CYCLEHenry Hub Natural Gas FuturesNYMEX_DL:NG1!Panos22With the continuous growing demand for electricity supply across the US for data centers, natural gas seems to be the fuel that will provide sufficient energy for the next 2 or 3 years for power plants that will generate many GWhs for these data centers. Here on the chart you can see that the current price action is following a pretty similar path with the cycle of September 2005 to July 2008. In a previous post i also noted that i am bullish on natural gas, when the US became the top supplier of Europe instead of Russia. I think the oncoming rally can drive the price towards the 5$ - 7$ level until the autumn of 2026.