Natural Gas Prices Surge 65 Percent as Arctic Blast Freezes America and Your Wallet
Impossibile aggiungere al carrello
Puoi avere soltanto 50 titoli nel carrello per il checkout.
Riprova più tardi
Riprova più tardi
Rimozione dalla Lista desideri non riuscita.
Riprova più tardi
Non è stato possibile aggiungere il titolo alla Libreria
Per favore riprova
Non è stato possibile seguire il Podcast
Per favore riprova
Esecuzione del comando Non seguire più non riuscita
-
Letto da:
-
Di:
A proposito di questo titolo
This is your Daily Natural Gas Price Tracker with Vanessa Clark podcast.
Hey friends, welcome to another episode of Daily Natural Gas Price Tracker with Vanessa Clark. Im your host Vanessa, chatting with you like were grabbing coffee together about the wild ride in natural gas prices today.
Right now, natural gas futures for February delivery are sitting around 5.36 dollars per million British thermal units, up over 4 percent from yesterday according to Trading Economics. Spot prices at Henry Hub jumped to nearly 5 dollars per million British thermal units per the EIA weekly update, while cash prices there spiked to 18.80 dollars for weekend delivery as reported by Rigzone. Its been a historic surge, with futures up more than 65 percent this week alone, driven by that massive winter storm barreling across the US.
Economies.com notes prices hit 5.66 dollars yesterday but pulled back to 4.75 dollars on profit-taking, with a bullish outlook if it holds above 4.55 dollars. The big story is this arctic blast freezing much of the country, boosting heating demand way above average. S&P Global says residential and commercial use could peak at 66 billion cubic feet per day, and freeze-offs in key production areas like the Permian might crimp supply. Storage drew down 120 billion cubic feet last week to 3,065 billion, still above average but tightening fast per EIA data.
For you listeners, heres your takeaway: if youre heating with natural gas, check your thermostat, layer up, and consider locking in fixed rates now before bills climb. Traders, watch that 5.50 dollar resistance for the next move.
Thanks for tuning in, besties. Subscribe, share, and catch you next time on Daily Natural Gas Price Tracker! Stay warm out there.
For more http://www.quietplease.ai
Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai
For some deals, check out
https://amzn.to/4hSgB4r
This content was created in partnership and with the help of Artificial Intelligence AI
Ancora nessuna recensione