Since the beginning of 2018, natural gas in the United States has increased its price by 36%.

in #money5 years ago

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The heating season in the United States began with the lowest natural gas reserves since 2003, with a value of 2 billion from 208 billion cubic feet as of November 2. Current reserves are 16% below the average for this time of year in the last 5 years. According to Bloomberg, such a situation with reserves in the middle of a strong cooling caused the growth of futures for natural gas in the United States over $ 4 per 1 million British thermal units. Analysts expect the increase in natural gas prices in the country to continue in the coming months. Since the beginning of the year, the cost of gas in the United States has increased by 36%. And although a record amount of gas is being produced in the United States, large volumes of gas are being shipped to Mexico and other countries.
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