Catching Up: Russia, Oil, Natural Gas, Policy and Clean Tech Promises
ARC ENERGY IDEAS
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Is the Natural Gas Story Over?
Natural gas prices have really fallen drastically since the beginning of the year. Last summer, they were as high in North America as $9 per MMBTU at Henry Hub. Now that's fallen to as low as around 250 per M MBTU. The globalization of North American natural gas with moral energy exports is going to create a higher base line of prices. But I don't think the natural gas story is over in terms of higher prices. It's still highly weather dependent.
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