Just got our gas bill and it has more than doubled! My usage was the same however. They sent us a letter saying raw natural gas prices have greatly increased. What is going on in the Natural gas world?
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Originally posted by elhefe View PostJust got our gas bill and it has more than doubled! My usage was the same however. They sent us a letter saying raw natural gas prices have greatly increased. What is going on in the Natural gas world?
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NG pricing is really a little odd right now. The balance between industrial consumers, power gen, LNG and retail consumers is creating new pricing mechanisms and that combined with COVID has made many producers wary of oversupplying the market. LNG seems to have provided a new price floor and should help to stabilize some of the market going forward....wait and see.
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