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Natural Gas

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Natural Gas Price

I've been waiting for this. The price of natural gas is now $4.56/MCF, up 53% from last year. All of these LNG plants are going to drain America of gas and drive up the price. The world price is something like $10/MCF, so as long as demand stays strong overseas, that price will hold up. Maybe some of that money will trickle down into the Permian. My fear is that heating and electric bills will skyrocket.

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Mike
Mike
Nov 19

How could they not? Between LNG exports and AI data demand the American consumer goes to the back to the bus with regard to natural gas.

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