A while back I read that the longest bear market for natural gas was 22 months.
The "bear" market that we are experiencing right now definately feels longer than 22 months. Where is a good source to get this statistical data.
Any type of reference would be helpful.
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Permalink Reply by Skip Peel - Mineral Consultant on Use this link and scroll down to review NG prices going back to 2007. Any historic data previous to 2007 has little relevance for future pricing because that is prior to the shale revolution.
http://www.business.directenergy.com/market-insights/nymex-settleme...
Shale revolution has many industries converting
to gas as cleaner, cheaper, and abundant energy
source.
This link's pricing goes back to 1976.
http://www.eia.gov/dnav/ng/hist/n9190us3m.htm
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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