Despite the relatively mild temperatures here in the Northeast part of the United States, winter is fast approaching and as more of the population keep their homes heated, the price of natural gas and oil are on the rise. However, in recent weeks, both commodities have bucked tradition and dropped in price as the US dollar strengthens and the commodity super cycle we’ve experienced begins to deflate. Currently, natgas stands at 3.45/MMBtu and Brent crude oil at $110.06/bbl. We believe that oil will continue to fall in price over the coming weeks and is in for a particularly nasty drop.
