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Furthermore, supplies and production could temporarily get affected by the hurricane Ida, which swept across the Gulf of Mexico, impacting about 15% of the U.S. total. Of course, it’s not helping that other parts of the country are dealing with a heatwave and many expect a cold winter.
Natural gas ETFs such as the United States Natural Gas Fund LP (UNG) and the United States 12 Month Natural Gas Fund LP (UNL) are well-positioned to benefit from these benefits. They are also rated A (Strong Buy) in our proprietary POWR Ratings system.
