Natural gas prices have plummeted to near all-time lows in the past year due to a huge oil and gas supply glut. However, according to Reuters‘ oil and gas analyst John Kemp, that same supply glut is masking a surge in U.S. gas demand.

U.S. power producers burned a record amount of natural gas last winter, and the U.S. Energy Information Administration predicts that 2016 will be another record year for gas consumption. Despite record consumption, however, prices and production has been driven downward by a massive supply glut.

Kemp believes that dynamic is about to change dramatically.

Gas stocks came in 69 percent above prior year levels in March. By July, the stock build had fallen to only 17 percent higher than last year.

“Gas prices will eventually have to rise to encourage more drilling and moderate further growth in power producers’ gas combustion,” Kemp explained.

He’s not the only one betting on higher gas prices. Hedge funds have accumulated…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!