Catching Up: Russia, Oil, Natural Gas, Policy and Clean Tech Promises
ARC ENERGY IDEAS
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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