Materializing

Industrial Sector Rocketing NatGas Prices Longterm, Says Raymond James

Industrial Sector Rocketing NatGas Prices Longterm, Says Raymond James

The revival of the U.S. industrial sector will be “the most significant driver” to higher long-term natural gas prices, lifted by new ethylene crackers, ammonia plants and natural gas-to-liquids (GTL) facilities fed by unconventional natural gas, according to an analysis by Raymond James & Associates Inc.

June 25, 2013

Lack of Support Leads Futures to the $3.70s Again

With no real storm threats materializing in the tropics and no shortage of supply, natural gas futures continued to probe lower price levels Friday as the November contract recorded a low of $3.788 before closing the regular session at $3.797, down 7.5 cents from Thursday finish and 21.2 cents from the previous week’s close.

October 4, 2010