Post by
nozzpack on Aug 14, 2020 8:06pm
Strong Rebound in Natural Gas Prices Encouraging
The outlook for North American natural gas is very encouraging.
Anemic drilling activity, shrinking supplies and increasing consumption has set the stage for significantly improved commodity prices.
The spot and futures contracts for natural gas have already begun to reflect this improvement, with spot NYMEX up 50% and the 2021 futures price up 10% from a month ago.