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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (144446)1/26/2023 10:11:05 AM
From: Goose94Read Replies (1) of 202700
 
Nat-Gas: Falls Below US$3 BUCKAROOS

What a wild ride on the gas markets over the last six months and change. Prices for U.S. natural gas have dipped below US$3 per million BTU this morning, falling below that mark for the first time since May 2021 (not to mention down 70 per cent or so from August 2022's highs.) Few factors at play here, namely the mild winter weather we've been seeing across the Northern Hemisphere so far this year, along with a longer-than-expected shutdown of that massive Freeport LNG export terminal in Texas constraining U.S. exports and keeping supplies on shore.

BNN.ca
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