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8 Real Reasons Natural Gas Could Skyrocket Over the Next Year

Wall Street usually is a very rear-view mirror kind of place, where decisions are made after a dramatic market move already has happened. Just this week, Goldman Sachs raised its sector rating on energy from Sell or Underweight to Neutral. That is after a huge move in the price of oil since the lows that were posted in February. While the upgrade is positive, it sure wasn’t very timely.

In a new research report, Jefferies analyst Jon Wolff takes a very deep dive on the natural gas market, and he believes we could see a sharp rise in the spot pricing for the commodity over the next year. He cites the oversupply finally cracking, and the severe under-investment over the past couple of years as the energy bust absolutely blew out production.

Here are the eight key reasons cited in the report why the price could rocket higher over the next year or so.

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