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"With the exception of three days in 2020 when the pandemic was ravaging energy markets, natural gas prices held above $1.59/MMbtu for the past 28 years – until last week." So says the experts at RBN Energy, who know about these things. So far this year, natural gas has averaged $2.36/MMBtu, compared to the average
Study outlines opportunity to accelerate expansion; advancing a Tier 1 asset All amounts in Canadian dollars except where otherwise noted After-tax NPV of C$3.25 billion at long-term gold price of US$1,800 per ounce , after taking into account... - Veroeffentlicht am 21.02.2024
Finally, here's a little good news to write about regarding the price of natural gas! The NYMEX front month futures contract yesterday started the day with a bang based on announcements from the previous evening (in advance of a conference call) from Chesapeake Energy that the company plans to scale back production by roughly 1
It feels like the NYMEX Henry Hub futures price for natural gas is in a free fall, heading for $1.50/MMBtu or (gasp) maybe even lower. Yesterday, the NYMEX price for the front month closed at $1.58/MMBtu. The price has been down for eight trading days in a row and is at the lowest price since
We're sad to have to report on yet another down day of the NYMEX Henry Hub natural gas futures contract. Yesterday, the NYMEX price closed at $1.77/MMBtu, the lowest closing price for the "front month" contract in 3 1/2 years (since Monday, July 27, 2020). Yesterday's closing price breaks through the latest "floor" of $1.80,