US natural gas rises on cooler weather

[Tom Kirkman + 8,860]

That darn Global Warming narrative just doesn't seem to be cooperating.  Changing the Fear Porn tag from "Global Warming" to the vaguely indefinable "Climate Change" tag isn't doing anything either.

The China Flu will kill us all anyway, so we may as well all just do whatever out elected government leaders tell us to do until we all die, because they know what is best for us.

On the bright side, any American who dies apparently becomes an active Democrat voter.  Weird how that works.

 

US natural gas rises on cooler weather

US natural gas futures rose on Monday on forecasts for cooler weather and more heating demand over the next two weeks than previously expected and a slowing of output as drillers shut oil wells in shale basins due to the 67% collapse in crude prices since the start of the year.

Those oil wells also produce a lot of gas.

That price increase comes despite long-term forecasts for demand and exports to decline due to government lockdowns to stop the spread of the coronavirus.  ...

 

... Looking ahead, gas futures for the balance of 2020 and calendar 2021 were trading higher than the front-month on expectations demand will jump once governments loosen travel and work restrictions.

That increase prompted speculators to boost their net long positions on the NYMEX and Intercontinental Exchange last week to the highest since April 2019 for a third week in a row.  ...

 

[Dan Warnick + 6,100]

2 hours ago, Tom Kirkman said:

Changing the Fear Porn tag from "Global Warming" to the vaguely indefinable "Climate Change" tag isn't doing anything either.

...to the vaguely all-encompassing...