By The Numbers
- Chrysler Makes Smart Call Staying Unplugged—For Now
- Yankees Team Signed Ball Selling For $3,500
- Is 10% Unemployment Good for Stocks?
- Mad Mail: Buy the Berkshire Hathaway Split?
- Lightning Round: American Express, McDonald's, Frontline and More
- Lightning Round OT: Ciena, Kinder Morgan Energy and More
- Don’t Pay Up for This Trade-Down Retailer
- For Sale: Alibis for Hedge Funds
- Moon Hopes To Complete Amazing Story
- Cramer: 5 Stocks to Play the Next Bull Run
MOST SHARED
- Can Apple Top Microsoft as Most Valuable Tech Firm?
- European Commission Objects to Sun Micro-Oracle Deal
- Obama Sees Strains Unless US, China Balance Growth
- Israel: Leader of Business Innovation
- Justices Poke Fun at Patents for the Abstract
- Mad Mail: Buy the Berkshire Hathaway Split?
- Cramer: 5 Stocks to Play the Next Bull Run
RSS FEED
Text Size 
The ratio of crude oil to natural gas futures prices on the New York Mercantile Exchange reached their highest level since mid-July 1991 during yesterday's trading session. Oil closed the pit session at $68.09 / bbl and Natural Gas closed at $3.731 / million BTU for a ratio of 18.25 to 1 between the commodities. So far this morning, both commodities are trading up with the ratio roughly the same.
- Looking at data going back to early June 1990, the average ratio of crude oil to natural gas futures prices stands at 9.256
- Earlier in the session yesterday, this ratio hit as high as 18.55
- The last time this ratio crossed above 18.55 was in July 1991
 |
Thomson Reuters Ratio of Crude Oil to Nat. Gas |
The divergence of these energy commodities has some investors believing a price correction could be in place. Indeed, the average price for natural gas in the past twelve months was $6.511 / million BTU, while the average price for crude oil over the same period stood at $74.61. The five year averages for the two are $7.495 and $68.50 respectively. If they were to move to their averages, natural gas will have a significant move. Here are some companies that could benefit from a rebound in natural gas prices:
 |
Comments? Send them to
- From politicians to CEOs to companies, here's your chance to vote for the winners and losers of 2009.
- With prices well below peak, gems could add some sparkle to your investments.
- On the anniversary of the fall of the Berlin Wall, many in the former Eastern Bloc recall communism fondly.
- Do free market libertarians really believe what they say about ethics and shareholder value? The Big Money takes a look.
- Cramer did the research and found eight stocks that lead the pack. Read on to get his top picks.
- The health care reform bill that passed the House on Saturday will have a much harder time in the Senate.
Data is a real-time snapshot *Data is delayed at least 15 minutes