The positive vibe on natural gas continues, with talk of a needed shift in US energy policy in favor of Natural gas use. While there doesn't appear to be a distinct shift in political aspirations for natural gas right away, the talking heads are covering natural gas with significantly more frequency. The market might be catching an added lift from news at the end of last week that Germany would end nuclear power generation by the end of 2017. This has rekindled the talk of a global shift toward natural gas in the wake of the Fukushima accidents. It is also likely that natural gas is benefiting from a more favorable macro economic outlook and also it is benefiting because of a slumping US Dollar. The Commitments of Traders Futures and Options report as of May 24th for Natural Gas showed Non-Commercial traders were net short 168,043 contracts, a decrease of 3,512 contracts. The Commercial traders were net long 131,865 contracts, a decrease of 4,279 contracts. The Non-reportable traders were net long 36,178 contracts, an increase of 768 contracts. Non-Commercial and Non-reportable combined traders held a net short position of 131,865 contracts. This represents a decrease of 4,280 contracts in the net short position held by these traders. There might be little in the way of resistance in July natural gas until the $4.70 level.