When will NG price hit $5.00
We are seeing a new trend of earlier and colder Winters. The price of NG is starting to climb. The question is: When will the price hit $5.00. May be before March 1st. Any other guesses?
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Replies to This Discussion
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Permalink Reply by Joe Aldridge on
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The high so far today is: 4.947 and the low is: 4.685
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Permalink Reply by Joe Aldridge on
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1/24/14
8:35 AM High 4.996 Low 4.813 Last 4.924
Getting close to $5.00
And we have another cold spell coming through next week.
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Permalink Reply by Joe Aldridge on
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Yes you can............. We have snow/ice here in the Baton Rouge Area also. Interesting weather.
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Permalink Reply by jim weyland on
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link to an interesting graph of recent ng prices
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Permalink Reply by Joe Aldridge on
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The high so far today is:$5.017 @ 10:15. Only missed the $5.00 mark by 9 days.
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Well Joe, you beat me. I missed by 11 days in the other direction. Thought sure I could count on groundhog!!
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Permalink Reply by Joe Aldridge on
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LOL............... You were close.
This was a nice exercise. Interesting comments and ideas about the NG pricing from a lot of GHS people. I think we are looking at $6.00 by late Feb. if the Winter Keeps throwing the fronts at us.
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Permalink Reply by Krkyoldhag on
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I predicted it..and now looking for $6.25 by mid February. Drill baby drill.. My pad site is just sitting there ready to go
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Permalink Reply by adubu on
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jffree1---This Global Warming is getting tuff --- Al Gore next will sell Eskimos some ice cubes LOL
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Permalink Reply by tc on
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Global warming could still be happening. Look at current record hot temperatures in Australia. The lower US is only 3% of the earth and the other 97% does count. Hopefully we can agree that weather extremes around the world seem to be happening more frequently. One reason LNG will be so important to prices is that it will minimize the impact of regional temperatures.
Maybe those Eskimos will need those ice cubes. From the below article.
While the continental U.S. has been shivering from coast-to-coast with temperatures dropping as low as minus-40°F amid one of the most severe early December cold snaps in several years, one state bucked the trend in an historic way. The same contorted jet stream pattern that brought the brutal cold to the lower 48 states pushed a pulse of milder-than-average air into Alaska, where some spots recorded temperatures unheard of for December.
http://www.climatecentral.org/news/while-most-of-u.s.-froze-parts-o...
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