Natural Gas Prices
Posted: Wed Dec 23, 2015 11:50 am
There is some hope for natural gas prices as shift in the weather pattern will turn the eastern half of the U.S. colder in about a week.
Go to http://www.weatherbell.com/ and listen to Joe's 12/23 update. As he has been predicting for months now, after a warm December we will get a much colder January. Those of you in Dallas can expect several big snow storms in Q1.
That said, I think the best we can hope for is $2.50/mcf for gas. With so much gas in storage, it will take very cold weather that pushes deep into the South to raise prices.
Go to http://www.weatherbell.com/ and listen to Joe's 12/23 update. As he has been predicting for months now, after a warm December we will get a much colder January. Those of you in Dallas can expect several big snow storms in Q1.
That said, I think the best we can hope for is $2.50/mcf for gas. With so much gas in storage, it will take very cold weather that pushes deep into the South to raise prices.