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The Water Cooler
General Discussion
Prepare for higher natural gas prices this winter.
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<blockquote data-quote="SlugSlinger" data-source="post: 3646953" data-attributes="member: 7248"><p>I am in the natural gas industry and have built of bunch of stuff related to fractionation, metering, compression, transportation, etc.</p><p></p><p>The thing is, ng has remained priced very low compared to the fluctuations in oil prices. Until now. NG went over $6 per mmbtu. it's been around $2. This is one reason propane has been so cheap for a while. in the 2013-15 time frame, we were paying people to take the ng fractionated propane from our Canadian assets because the price went negative. Now because byeden is trying to kill the dollar and it's becoming worthless, ng prices and every other thing you buy with dollars is going north through the roof.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3646953, member: 7248"] I am in the natural gas industry and have built of bunch of stuff related to fractionation, metering, compression, transportation, etc. The thing is, ng has remained priced very low compared to the fluctuations in oil prices. Until now. NG went over $6 per mmbtu. it's been around $2. This is one reason propane has been so cheap for a while. in the 2013-15 time frame, we were paying people to take the ng fractionated propane from our Canadian assets because the price went negative. Now because byeden is trying to kill the dollar and it's becoming worthless, ng prices and every other thing you buy with dollars is going north through the roof. [/QUOTE]
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Prepare for higher natural gas prices this winter.
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