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Permalink Reply by Skip Peel - Mineral Consultant 15 hours ago

The main reason is uncertainty in global trade.  Weather forecasts cause marginal, short term moves in the price of natural gas.  What we are seeing currently is much more potentially damaging.  China has stopped buying American LNG and other countries have stringent emission requirements that US LNG must meet.  The trade war may cause a crash in many commodity prices not just natural gas and LNG.  Some commodities that lose market share never get it back.  China and other countries can get agricultural produce and LNG from other suppliers who are eager to get their business.

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Permalink Reply by Jesse Joyner 15 hours ago

A history lesson, going back to Herbert Hoover (the Republican president who was in office when the Great Depression started). 

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Permalink Reply by Hale Yayuh 14 hours ago

The guy in charge of this country thinks he's an Einstein about everything and he's actually hugely incompetent and I've voted GOP most of my life. I am very, very worried about natural gas (and oil). And the general economy. We are quite possibly entering a horrific economic collapse, caused by Bozo, the clown and his trade war. I know that the oil and gas business is almost all republican, but they had best start getting furious at this guy and let him know it because they know his drill-baby-drill is a bunch of nonsense. I don't know if it'll do any good but we have to express our dissatisfaction because this is very, very dangerous territory we are in. I'm no spring chicken and it's quite possible tough times (and maybe devastating times) will last through the rest of my life and that doesn't make me happy, especially, when it's so unnecessary! The stock markets had another large down day today. Markets are running scared these days.

Just when I was beginning to think that we could enter a period from here on out at $4+ nat gas, this guy's tariff game could upend any gain we were expecting. Everyone, please pay close attention to the markets and speak out about how it affects you.

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Permalink Reply by Skip Peel - Mineral Consultant 14 hours ago

At this point four years are baked in.  The only hope we have to limit the damage are the courts and the mid-term elections of 2026.  Hopefully the Supreme Court will stop or slow Bozo and the American voter will send a message November next that anyone in Congress that supports Bozo can look for work elsewhere.

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