When natural gas prices plunged back to $2/MMBtu last summer, we wrote a controversial piece titled, "It's Time To Get Extremely Bullish Natural Gas (Long-Term)." In the write-up, we made the bull case for why natural gas prices will average at a much higher price point for the years to come.
Fast forwarding to today, we launched our HFIR Natural Gas Portfolio, and we've had some good fortune as natural gas E&Ps were battered along with the rest of the market.
Note: Subscribers can find the link to the natural gas portfolio at the bottom of this article.
But as we progress through the current natural gas market environment, we want to point out several factors that could derail the natural gas bull thesis.