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One word... "glut"
Nattie futures are down 5 days in a row to $1.82... the lowest close since 1999...
Charts: Bloomberg
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Holding breath for rate cut from "energy company". Can't wait to get those lower bills.
Are you blue yet?
My brother Nate, he's filled with gas...
You;ve got to realize that this is all about hurting Russia. But It will backfire
No worries, the fisting of the middle class will go on with no slowing down in sight :)
Crude can go down to 5 bucks a barrel and we'll still pay $2 at the pump, gas prices can go negative, our utility bills will be padded with more surcharges and taxes.
the glut of hot gas is coming from yellen's ass.
Damn you Mr Yellen! Now all our nat gas companies will be going broke.
Cant you do ONE THING right?
Just from her ass? What about her mouth?
On other had these orifices on her are interchangeable.
Same thing for a banker
He is a banker....
so this could be a good time to accumulate?
Yet another commodity that the hedgies are near record short.
You know what I call commodity prices in 1999?
NORMAL
Let's send every single fucking thing back to the end of 2000 and have a redo of the first 15 years of this fucking bullshit century!!!!!!
Erase Bush. Erase Obama. Erase the housing bubble, double equity bubble, health care bubble, bond bubble, ZIRP, and every other fucked up thing that has happened because Wall Street decided to take over the world and write their own rules.
And though time goes by. I will always be. In a club with you. In 1973
reversion to a would be mean, even with 4 trillion of stimulation in usa alone. add chi-qe and you get the pic....
fuckers...
Erase the million plus foreign guest workers brought in that have decimated the technology sector and most STEM jobs.
Given oil can substitute for natural gas, is it possible to attribute this to Opec pumping?
I'm guessing not practically in quantity, so this really is confirmation of slowing economic activity.
Oil really isn't much of a natural gas substitute. Natural gas prices are still dramatically lower, and the infrastructure for power plants and the equipment usually isn't even set up for oil anymore.
Natural gas is one-quarter the cost of oil, based on BTU energy content and it burns cleaner as a bonus.
Yes, but it has handling issues, particularly as a transportation fuel.
Natural gas is so cheap now the gas company is paying me to use it.
Let's face it cause it's natural, gas is the commodity with unlibited abunndance today.
Great for American consumers, and it stinks if you are a Russian exporter.
Europe closer to buying CHEAP American LNG.
hoping propane follows suit