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An interesting episode on Friday illustrates the power of social media and fake news. The NYMEX natural gas futures price for the "front month" December contract plunged as much as 7.4% on Friday morning after someone identifying themselves as a commodities trader posted on Twitter that “cracked pipes” were discovered at the Freeport LNG terminal,
Once a month, the analysts at the U.S. Energy Information Administration (EIA) grab the official Henry Hub pricing dart board and play a quick game to determine what price they will predict for the average Henry Hub spot price for natural gas for the rest of this year, and an average price for all of
Ghana like many other countries has not been spared the current global economic crises. The last three months have been the most excruciating with unprecedented cedi depreciation and rising prices of goods not seen in our recent history. The aim of this article is to offer some few recommendations for…
Natural gas prices in North America hit record highs in 2022. In fact, prices quadrupled from what they were before the onset of the pandemic in March 2020. Winter is the time of year when we use the most natural gas--both for heating and to power electric generation. The question arises, what will prices do
/PRNewswire/ -- RPC, Inc. (NYSE: RES) today announced its unaudited results for the third quarter ended September 30, 2022. RPC provides a broad range of...