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Lately, we keep reading predictions that the price of natural gas, while in the basement right now (low $2 range), will soon begin to go higher. And the price will stay higher. So say some experts (see our recent stories, $2.00 Natural Gas is Temporary, Just Like $10 Gas Was and Natural Gas is the
Some interesting insights from S&P Global Commodity Insights into how the world has changed. S&P's analysts say the Russia-Ukraine war is in the process of "resetting" the energy sector, with natural gas turning into a global and interconnected market affected by events and dynamics far beyond its traditional physical scope. In fact, S&P says natural
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Yesterday's latest edition once again revises down the price EIA believes the Henry Hub will average for all of 2023. Last month's STEO
The previous year, been paying effectively £200 a ton and they were paying £1,000 a ton for nitrogen fertiliser, so they were facing huge input costs. but then, of course, you've got your poultry farmers, you've got your livestock, your dairy farmers who've to pay a much higher price for that feed because the global commodity price, as you say, skyrocketed, all driven by russia invading ukraine. yeah. when it comes to the biggest obstacles to farmers today — you've talked about the shocks of covid, of the ukraine war, the various different disruptions and supply chain problems, isn't the t...
The NYMEX futures price for natural gas recently hit a 30-month low (see NYMEX Henry Hub Crashing and Burning – Lowest Close in 30 Months). There's an old economics bromide that goes, "The cure for low prices is low prices." Meaning when prices get low enough, manufacturers (or producers, in the case of oil and