Ng negative!!

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Fraser921
Posts: 2953
Joined: Mon Mar 22, 2021 11:48 am

Ng negative!!

Post by Fraser921 »

Remember when crude trade - 2o a few years ago

This just in , NG in West Texas is at .50 cents going to 0!!!

From aegis:

Waha basis prices have moderated lower as the May contract has come down from 13-month highs. Gas in west Texas for May is under $0.50/MMBtu (Fixed) and production is only expected to increase from here. Negative pricing, more likley in the spot market, isn't that far of a stretch.

Producers should stop all drilling now and put out a press release. Due to Biden lying, we will stop all drilling until further notice.
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