Natural GasAnytime in the past...Natural Gas prices have been taken too crazy high levels....a plunge to insanely low levels follows...mr Eric Nuttall wouldnt say talk about that....look at the data:
June 2008 - 17.33 Nymex
dropping to 3.32 August 2009
Dec 2009 - 7.75 nymex
2.51
Feb 2014 -5.88 nymex
Feb 2016 - 1.97
Notice how the after the peaks...the plunge hits a lower mark cause of the reckless speculation?
Nov 2018 - 5.27 nymex
April 2020 - 1.83 nymex
May 2022 - 8.10 nymex
With renewables better...what do think the plunge price will be after oversupply...1.60...1.70.....
look at the past....