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Sunday, June 16, 2024

U.S. Investor Optimism Declines as a Majority of U.S. Investors Fear Spending Slowdown Now, and Recession in 2013, If “Fiscal Cliff” Issues Aren’t Resolved

Courtesy of Benzinga.

An abundance of available natural gas combined with muted domestic demand has sent prices for the fuel down to record lows earlier this year. But the recent heat wave hitting the country has sent gas prices soaring. The United States Natural Gas Fund, LP (UNG) has skyrocketed over 33 percent in the last three months. Five Star Equities examines the outlook for companies in the Oil & Gas Industry and provides equity research on Chesapeake Energy Corporation (NYSE: CHK) and LINN Energy, LLC (NASDAQ: LINE).

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