AltaGas Ltd T.ALA

Nat gas price

[bossu]

Natural gas price....

Remember ALA is buying /selling nat gas and made  fractionation to produce propane/butane

How can they fully protect themself in a very rare event as the one we are going througth.

Look at the highlights:

U.S. Natural Gas Prices Climb Most Ever In Single Day

By Julianne Geiger - Jan 27, 2022, 3:57 PM CST

• U.S. natural gas futures surged 72% just ahead of expiration of the February contract
• The huge spike in the February contract is a clear sign that bearish bets were being squeezed out of the market
• Cold weather in many parts of the United States have boosted demand for the energy commodity

[Capharnaum]

For the regulated part, the cost of natural gas is a flow-through price. For the unregulated part, they're mostly playing the marketer game where they make money on spreads (including for their propane business). Altagas is mostly unnaffected by the price changes in Nat Gas commodity price. Btw, the price of nat gas in Q3 2021 was about double the price of Q3 2020 and was barely noticeable in

[bttmfischer]

The news media kept saying that the arctic icecap was melting, so that in a few years parts of New York city will be under water due to the rising level of the Atlantoc Ocean as a result. Now when they cannot accurately predict the weather for more than 24 hours, how can they make a claim like that? Remember "global warming", that was ridiculed, so now hey call it "climate change

[bttmfischer]

ATLANTIC OCEAN

[CanSiamCyp]

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