Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:15 AM

GasBuddy News Article

39
votes
Is Natural Gas Making A Comeback?

Seeking Alpha -- The price of natural gas (short term delivery) continued its slow ascent during the previous week. The recent rise may have been driven by the sharp drop in temperatures and snowy weather in parts of the Midwest and Northeast. Despite the plunge in temperatures, the natural gas storage depletion rate was slower than in the five year average. Will natural gas prices continue to rise? Let's examine the recent developments in the natural gas market.

During last week, the future price of Henry Hub (short term delivery) edged up by 0.52%. Conversely, United States Natural Gas (UNG) edged down by 0.5%. As of last week, the Henry Hub future prices were nearly $0.23 per mil. BTUs above natural gas price for the same week in 2011. The recent rise in the price of natural gas, may have contributed t


Read the Full Article

Submitted Dec 31, 2012 By: mastermariner
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Is Natural Gas Making A Comeback? Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:23,716
Points:2,343,840
Joined:Nov 2008
Message Posted: Jan 3, 2013 12:01:05 AM

ummm.. comeback?
Profile Pic
HawaiianGuy
Champion Author Idaho

Posts:12,557
Points:3,801,050
Joined:May 2003
Message Posted: Jan 2, 2013 7:04:21 AM

Where the heck have you been the last couple of years?
Profile Pic
goldrose1
Champion Author Cleveland

Posts:14,007
Points:2,624,645
Joined:Feb 2005
Message Posted: Jan 2, 2013 6:28:33 AM

check. So cold...
Profile Pic
sjf238
Champion Author Philadelphia

Posts:1,215
Points:650,655
Joined:Mar 2011
Message Posted: Jan 1, 2013 9:57:49 PM

ok
Profile Pic
my2002m
Champion Author Tulsa

Posts:9,014
Points:2,394,465
Joined:Jul 2008
Message Posted: Jan 1, 2013 7:13:16 PM

If we start exporting then prices will go up again.
Profile Pic
Mariuxus
Champion Author Chicago

Posts:6,092
Points:2,573,320
Joined:May 2007
Message Posted: Jan 1, 2013 5:25:39 PM

ok...we'll see...
Profile Pic
remay
Champion Author Houston

Posts:9,810
Points:2,838,990
Joined:May 2006
Message Posted: Jan 1, 2013 4:39:56 PM

Sure, jack up the price so IT will no longer be competitive as a fuel source...
Profile Pic
snappytom2
Champion Author Corpus Christi

Posts:6,125
Points:404,290
Joined:Jul 2008
Message Posted: Jan 1, 2013 11:56:59 AM

`Time will tell.
Profile Pic
atdinut
Champion Author California

Posts:1,617
Points:404,740
Joined:Apr 2012
Message Posted: Jan 1, 2013 11:38:33 AM

Comeback?!Here in CA natural gas has
Profile Pic
ironbox_sara
Champion Author Albany

Posts:12,628
Points:2,962,215
Joined:Mar 2006
Message Posted: Jan 1, 2013 11:28:13 AM

My dream is for a NG car and a fueling station at home.
Profile Pic
Ltdc
Champion Author Long Island

Posts:10,071
Points:2,359,725
Joined:Jul 2007
Message Posted: Jan 1, 2013 11:25:01 AM

With all the gas that's available it's hard to believe the price would rise much.
Profile Pic
beohbeNJ
Champion Author New Jersey

Posts:4,842
Points:1,230,515
Joined:Sep 2011
Message Posted: Jan 1, 2013 11:23:49 AM

Blah blah blah!
Profile Pic
95Vette
Champion Author Missouri

Posts:3,912
Points:1,272,125
Joined:Sep 2005
Message Posted: Jan 1, 2013 11:21:44 AM

The price of NG has always risen as the cold weather comes on in the Midwest. That is not news to those of us that live here!
Profile Pic
JWHITE1937
Champion Author Massachusetts

Posts:3,529
Points:1,192,655
Joined:Aug 2006
Message Posted: Jan 1, 2013 11:20:58 AM

Should!!
Profile Pic
gasokie
Champion Author Oklahoma

Posts:4,914
Points:1,944,830
Joined:May 2007
Message Posted: Jan 1, 2013 11:20:44 AM

A little hike in Natural Gas Prices may be good for exploration. But we need to keep on converting trucks and buses to CNG as well as cars. And it's happening. Natural gas may be something we can export in the future to help with our balance of payments and save the dollar.
Profile Pic
BJ1947
Champion Author Oklahoma

Posts:2,903
Points:1,086,620
Joined:Mar 2011
Message Posted: Jan 1, 2013 11:20:27 AM

we'll see!
Profile Pic
BlueVanGroup
Champion Author Fort Collins

Posts:10,712
Points:2,246,810
Joined:May 2008
Message Posted: Jan 1, 2013 11:20:05 AM


"sharp drop in temperatures"

--------

Gee, in winter? Who would have guessed? :-)
Profile Pic
Tutootin
Champion Author Toronto

Posts:13,140
Points:3,800,850
Joined:Jun 2004
Message Posted: Jan 1, 2013 11:19:45 AM

A comeback? I thought that it was already here and prominent.
Profile Pic
wshokie12
Champion Author Winston-Salem

Posts:3,345
Points:876,890
Joined:Aug 2012
Message Posted: Jan 1, 2013 11:19:03 AM

Okay
Profile Pic
viperND
Champion Author South Bend

Posts:6,925
Points:1,468,390
Joined:Apr 2011
Message Posted: Jan 1, 2013 11:19:01 AM

:/
Profile Pic
fisherMI
All-Star Author Michigan

Posts:946
Points:74,090
Joined:Sep 2011
Message Posted: Jan 1, 2013 11:18:53 AM

Lets hope that rise will be short lived and we all need the natural gas prices to drop or at least be stabilized this year.
Profile Pic
satrn38mpg
Champion Author Raleigh

Posts:8,015
Points:1,763,905
Joined:Sep 2009
Message Posted: Jan 1, 2013 11:18:07 AM

we still have a long way 2 go for better alternatives >>
Profile Pic
packards42
Champion Author Washington

Posts:9,184
Points:1,747,720
Joined:Feb 2005
Message Posted: Jan 1, 2013 11:18:06 AM

Industry will push exports until the US price match World Market 300% of the current price.

We need to push Obama to cut the exports.
Profile Pic
Pramodsharma
Champion Author Richmond

Posts:4,945
Points:1,101,910
Joined:Feb 2012
Message Posted: Jan 1, 2013 11:17:44 AM

Yes, It is good alternate energy resource and its comeback is always welcome.
Profile Pic
marion1739
Champion Author Missouri

Posts:2,863
Points:943,720
Joined:Jan 2011
Message Posted: Jan 1, 2013 11:17:02 AM

Only because we are tied to the world market not just the US market
Profile Pic
ARCO
Champion Author Pittsburgh

Posts:5,298
Points:3,077,885
Joined:Sep 2005
Message Posted: Jan 1, 2013 11:16:43 AM

TIME WILL TELL
Profile Pic
Goatroper47
Champion Author Twin Cities

Posts:4,111
Points:992,035
Joined:Jul 2012
Message Posted: Jan 1, 2013 11:15:10 AM

Maybe.
Profile Pic
teatiger
Champion Author Dallas

Posts:5,736
Points:2,207,565
Joined:Nov 2008
Message Posted: Jan 1, 2013 11:14:15 AM

Ok
Profile Pic
thirstyauto
Champion Author Milwaukee

Posts:19,972
Points:2,341,155
Joined:Nov 2008
Message Posted: Jan 1, 2013 11:13:36 AM

It's not making a comeback, it never left!!
Profile Pic
bicycler
Champion Author Ontario

Posts:14,815
Points:2,598,445
Joined:May 2005
Message Posted: Jan 1, 2013 11:13:18 AM

It is in our house, cheap, clean and efficient!
Profile Pic
moregas1966
Champion Author Columbus

Posts:2,057
Points:426,870
Joined:Dec 2012
Message Posted: Jan 1, 2013 11:13:00 AM

dont known
Profile Pic
Liberty2000
Champion Author Indianapolis

Posts:2,120
Points:330,785
Joined:Jun 2007
Message Posted: Jan 1, 2013 11:12:48 AM

Cheaper than fuel oil.
Profile Pic
RobertSpratt
Champion Author Virginia Beach

Posts:7,789
Points:1,749,945
Joined:Jul 2007
Message Posted: Jan 1, 2013 11:12:45 AM

Keep our natural resiurces here for our use.
Profile Pic
thirstyram
Veteran Author Ontario

Posts:274
Points:1,138,660
Joined:May 2010
Message Posted: Jan 1, 2013 11:12:22 AM

As demand goes up, so will the price.
Profile Pic
scrossi
Champion Author Indiana

Posts:6,931
Points:1,774,290
Joined:Dec 2008
Message Posted: Jan 1, 2013 11:10:40 AM

True erndog0331.
Profile Pic
erndog0331
Champion Author Tucson

Posts:1,031
Points:529,940
Joined:Oct 2012
Message Posted: Jan 1, 2013 11:09:53 AM

It never left
Profile Pic
Buffalo Joe
Champion Author Alberta

Posts:11,331
Points:3,222,925
Joined:Feb 2003
Message Posted: Jan 1, 2013 11:09:02 AM

It should, it is cheap.
Profile Pic
Old Timer
Champion Author Akron

Posts:6,698
Points:1,975,720
Joined:Sep 2003
Message Posted: Jan 1, 2013 11:08:44 AM

Comeback? It never went away.
Profile Pic
garyr86
Champion Author Michigan

Posts:3,184
Points:1,104,435
Joined:Dec 2010
Message Posted: Jan 1, 2013 11:08:44 AM

It will be interesting to see in 10 years what everyone is using.
Profile Pic
craigsfrank
Champion Author Arkansas

Posts:3,223
Points:1,475,050
Joined:Jun 2010
Message Posted: Jan 1, 2013 11:07:50 AM

The cheapest option is always the most popular option.
Profile Pic
drillintheUSA
Champion Author Rochester

Posts:7,633
Points:884,965
Joined:Apr 2008
Message Posted: Jan 1, 2013 11:07:17 AM

KO
Profile Pic
WestDriver
Champion Author Grand Rapids

Posts:2,569
Points:1,180,715
Joined:Oct 2006
Message Posted: Jan 1, 2013 11:06:45 AM

Comeback? Never went away. It's just increasing in use as the prices drop. This article says the prices are going up, but it's only a recent increase. Looking at prices for years, it is still a very good value.
Profile Pic
Don20
Champion Author Oklahoma City

Posts:12,704
Points:3,337,010
Joined:Mar 2005
Message Posted: Jan 1, 2013 11:06:38 AM

Didn't know it left. Natural gas will be the fuel of the future...
Profile Pic
henryeOH
Champion Author Akron

Posts:3,687
Points:203,290
Joined:Jan 2011
Message Posted: Jan 1, 2013 11:06:19 AM

Yea yea
Profile Pic
maxcap59
Champion Author Texas

Posts:3,700
Points:781,580
Joined:Apr 2011
Message Posted: Jan 1, 2013 11:05:12 AM

Comeback? I didn't know it went anywhere. Despite our government's attack on them, that industry is growing.
Profile Pic
jayrad1957
Champion Author Los Angeles

Posts:25,602
Points:2,331,140
Joined:Nov 2008
Message Posted: Jan 1, 2013 11:05:02 AM

Didn't know it had gone away.
Profile Pic
EdWoods
Champion Author Maryland

Posts:2,396
Points:553,375
Joined:Aug 2012
Message Posted: Jan 1, 2013 11:04:42 AM

Comeback?? Didn't know it went anywhere.....
Profile Pic
Asbury09
Champion Author Iowa

Posts:10,278
Points:2,263,280
Joined:Jan 2009
Message Posted: Jan 1, 2013 11:04:38 AM

natural gas will be steady as long as it stays stateside
Profile Pic
Sego
Champion Author Florida

Posts:1,900
Points:313,490
Joined:Apr 2012
Message Posted: Jan 1, 2013 11:03:04 AM

It's been doing this up and down thing for as long as I can remember.
Profile Pic
TRAIN RIDER
Champion Author San Bernardino

Posts:12,119
Points:3,486,230
Joined:Oct 2004
Message Posted: Jan 1, 2013 11:02:45 AM

As long as they can still drill it.
Profile Pic
mycar2
Champion Author Akron

Posts:4,731
Points:3,054,175
Joined:Apr 2004
Message Posted: Jan 1, 2013 11:02:44 AM

we will have to watch, still a good source to explore
Post a reply Back to Topics