# Natural gas prices hit a multi-year high, these two investment perspectives are worth considering

Winter is here, and natural gas prices are soaring. The Henry Hub benchmark price recently surged to $4.94/MMBtu, the highest point since the Russia-Ukraine conflict began.

**The reason for the price increase is clear**:
- US LNG exports exceed 18 billion cubic feet per day, and demand has surged in Europe after the supply cut from Russian gas.
- The La Niña climate cycle is predicted to bring colder weather this winter, especially in the Midwest and Northeast.
- The 24-hour operation of the AI data center has led to a continuous increase in natural gas demand (blame AI for this one too)

**Two ETFs Target Different Needs**:

1. **UNG** - Purely tracks spot prices, using short-term futures contracts that follow the Henry Hub index, with a relatively high fee of 1.01% but very straightforward. Technically, it has just broken above the 50-day moving average, and the MACD has also generated a golden cross signal.

2. **FCG** - Invest in the entire industry chain with a fee of only 0.57%. Holdings include the largest natural gas producer in the U.S., EQT, and midstream giant WES, with quarterly rebalancing. Recently confirmed a breakout above the 50-day and 200-day moving averages, and if it continues to rise, a golden cross may form.

Choosing UNG is betting on the price, while choosing FCG is investing in the company. Winter is still long, and this wave of the energy sector may still have potential.