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Natural Gas ETF (UNG) Up Another 6% On Hurricane Gustav Concerns
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United States Natural Gas ETF (AMEX: UNG) is up another 6% this AM on speculation Hurricane Gustav could hit the key Gulf of Mexico region as a Category 3 or Category 4 storm.
UNG was up over 5% yesterday.
Other natural gas stocks: Chesapeake Energy Corp. (NYSE: CHK), EXCO Resources, Inc. (NYSE: XCO), Goodrich Petroleum (NYSE: GDP) Forest Oil Corp. (NYSE: FST), St. Mary Land & Exploration Co. (NYSE: SM), Devon Energy Corporation (NYSE: DVN) , Cabot Oil & Gas Corp. (NYSE: COG).
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