U.S. natural gas prices rise as cold freezes wells
https://www.reuters.com/markets/commodi ... 022-01-03/
Well freeze-offs occur whenever temperatures drop enough to freeze water and other liquids in a well or pipe and halt production.
"Gas prices have been falling recently with the rise in production but gained on Monday as the freeze-offs disconcerted the market," said John Abeln, senior analyst of natural gas research at data provider Refinitiv.
Sub-zero temps cause gas wells to "freeze off"
Sub-zero temps cause gas wells to "freeze off"
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group