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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (94796)	10/2/2020 4:29:44 PM
From: Goose94	Read Replies (1) of 203376

Nat-Gas: could soar. The highly volatile U.S. natural gas benchmark prices are set to trend higher in the coming months amid lower domestic production, higher demand in the winter, and recovering global gas prices in Europe and Asia. Henry Hub prices have been volatile over the past few weeks, but have firmed up at around $2.50/MMBtu, sharply higher than levels from just a few months ago. A combination of legal challenges to natural gas pipelines, policies aimed at reducing emissions, and public scrutiny over natural gas could lead to a “measured reduction” in natural gas demand over the next two to three decades, according to a new report from Moody’s Investor Relations. “We're raising the flag,” Ryan Wobbrock, vice president and senior credit officer at Moody's Investors Service Inc. and the lead analyst on the report, told E&E News. “We're talking about a multidecade horizon of risk.”

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