Post by
60606060 on Jan 13, 2025 11:00am
NG price has found it's floor at $4.00 as in 2021
The price should rise like 2022. El Nina will bring cold weather to NA and Europe for years. $4.50 is next level before continuing up. BIR SP will reflected 2022 soon.
Comment by
tylerreddick on Jan 13, 2025 11:10am
But what is the wellhead price in Alberta?
Comment by
ztransforms173 on Jan 13, 2025 11:37am
- ~ C $ 2.00 per GJ {@ 2025/1/12} z173
Comment by
ztransforms173 on Jan 13, 2025 12:25pm
- ONE gigajoule = 947.82 cubic feet of gas - so 1,000 cubic feet = Mcf = 1000/947.82 = ~ 1.055 GJ so 1000/947.82 * 2.00 = ~ 2.11 per Mcf For Americans: - ~ C $ 2.11 per Mcf {@ 2025/1/12} z173
Comment by
Realdude on Jan 13, 2025 5:27pm
for years......lol. its cyclical boss. trade it and get out.