Natural gas seems to be locked in a range that prevents it from being truly economic across the demand cycle. As you can see from the graphic below, for about half of 2020 it was below the $2.00 mark. Weather forecasts for a cold winter, beginning in August of 2020, began to ramp it toward its ultimate 2020 high of ~$3.
50 per MCF on October 30th. If you average out the 2020 sales price for gas you get something like $2.17 MCF. MarketWatch That’s a price that most of the gas drillers can make a little money on, but it does nothing for their…The Future For Natural Gas Is Far From Certain
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