When do you think you need more power-summer or winter? The answer is very difficult to justify. Some may perceive that more power is needed in summer because you need to run lots of Air-Conditioners which consumes lots of power and that will use lots of energy. Similarly, a group of people might perceive that winter will need lots of power as the temperature has to be maintained inside the houses and for the maintenance of temperature, power will be consumed which will again use energy. Both the seasons look like using up the energy but the point to be noted is that the above mentioned conditions are valid only when the seasonal effects are not tolerable. This is the reason why the prices of the energy products like natural gas rise in both of these seasons looking to the applicable scenario.

These days natural gas has been rising. The futures of the natural gas contract has shown an increment for these three days in the capital of commodity trading, New York, the reasons supposed to be are the forecasts of the intolerable hot weather. Because the weather has gone hotter than normal, the demands from the power plants for the natural gas has increased owing to run the air-conditioners chiefly. The price of the gas rose by 2.5 percent when the projections threatened by saying that the above-normal hot temperature will persist across most of the lower 48 states from last week of May to the first week of June. The higher temperature is expected to reach 3 more degrees higher than the usual ones.

Natural gas, though not so much of preferred energy commodity to trade with, has now lured so many of the investors and the people are indeed excited about trading the natural gas. Owing to the improved employment scenario in the United States of America, the chances for the effective and efficient trading go higher and higher trading probabilities are always leading to the higher profit and ultimately the higher return.

The deliveries for the June have also climbed a lot. If we look at the data of New York Mercantile Exchange, prices have risen 25 percent this year though it was smaller than that last time.

Though general people may be getting irritated with the hot sun, investors might prefer more sun; the perceptions differ but for now, the only reality is that gas prices are rising and the opportunity is looking good.

Note: This blog is just an expression of the author’s opinion and cannot be deemed responsible for any losses incurred.