• Natural Gas Prices Skyrocket

Natural Gas Prices Continue to Surge

Snow and cold temperatures are already here!

Weather Precipitation Map for October 21 2020 from NOAA.gov

Concerns over natural gas demand and the current amount of underground working natural gas storage are driving up natural gas prices.  Natural gas prices for the November 2020 prompt month exceeded the 21 month high today, trading at $3.029/MMBtu as of 3:08 p.m. EST, which is up $0.116/MMBtu from yesterday’s close.  The January 2021 natural gas pricing is at $3.486/MMBtu , which is an increase of $0.077/MMBtu from yesterday’s close.

We will continue to monitor the volatility in the natural gas market.

By |October 21st, 2020|Blog|0 Comments