Bottom Watch: US NatGas Prices Snap Longest Losing Streak Since 2020 US natural gas prices broke their longest monthly losing streak since 2020. This comes after an El Niño winter swept across the Lower 48, causing demand to dwindle and storage levels to surge, sending prices spiraling lower in recent months. However, now there are signs a bottom is […]
Posts Tagged ‘natgas’
Canada Boosts US Natgas Exports, Drills More as Global Prices Surge
October 26th, 2021 Awake Goy
CALGARY, Alberta/NEW YORK—Demand has jumped for relatively cheap Canadian natural gas, driving exports to the United States to three-year highs and prompting producers in Canada to boost capital spending and drilling activity. Global natural gas prices have hit multi-year highs as world economies recover from last year’s slowdown during the pandemic. Now, natural gas stockpiles […]