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Amoxtli@thelemmy.club to Economy@lemmy.worldEnglish · 5 months ago

'The worst September': Natural gas prices fall below zero, forcing production closures

ca.finance.yahoo.com

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'The worst September': Natural gas prices fall below zero, forcing production closures

ca.finance.yahoo.com

Amoxtli@thelemmy.club to Economy@lemmy.worldEnglish · 5 months ago
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Producers are scrambling to cut output as prices plunge, pressured by pipeline maintenance, record storage levels and a slower-than-expected ramp-up of the new LNG Canada facility
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  • Kenaima@lemmy.today
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    5 months ago

    What does it mean for prices in North America?

    • AA5B@lemmy.world
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      5 months ago

      Prices always go up. Electricity from gas goes up even more.

      While I haven’t seen anything directly about natural gas here, our electricity is mostly from gas, already among the highest cost in the us and expected to go up 13% this winter

      Then again our politicians always claim our savior is cheap Canadian energy so who knows

  • nadram@lemmy.world
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    5 months ago

    Cheap gas sounds good to me

  • monogram@feddit.nl
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    5 months ago

    Natural Gas - “‘natural’ is purely aspirational”

    https://mods.factorio.com/mod/pypetroleumhandling

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