iBankCoin
Joined Nov 11, 2007
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Is Obama’s EU Trade Agreement a Path to Higher Natty Gas Prices ?

“Last week, President Obama mentioned signing a free trade agreement with the European Union in his state of the union address.

As with anything, the benefits of such an agreement comes with its costs.

Morgan Stanley commodities analyst Adam Longson believes that the this is the path to higher natural gas prices.

Longson writes in a note today that opening up a new market would be a boon for natgas producers as prices rise with the new demand….”

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