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GasBuddy News Article

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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


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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
honda0105
Champion Author Tallahassee

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Message Posted: Jan 2, 2013 11:01:05 PM

ummm.. comeback?
HawaiianGuy
Champion Author Idaho

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Message Posted: Jan 2, 2013 6:04:21 AM

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

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Message Posted: Jan 2, 2013 5:28:33 AM

check. So cold...
sjf238
Champion Author Philadelphia

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Message Posted: Jan 1, 2013 8:57:49 PM

ok
my2002m
Champion Author Tulsa

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Message Posted: Jan 1, 2013 6:13:16 PM

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

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Message Posted: Jan 1, 2013 4:25:39 PM

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

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Message Posted: Jan 1, 2013 3:39:56 PM

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

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Message Posted: Jan 1, 2013 10:56:59 AM

`Time will tell.
atdinut
Champion Author California

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Message Posted: Jan 1, 2013 10:38:33 AM

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

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Message Posted: Jan 1, 2013 10:28:13 AM

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

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Message Posted: Jan 1, 2013 10:25:01 AM

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

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Message Posted: Jan 1, 2013 10:23:49 AM

Blah blah blah!
95Vette
Champion Author Missouri

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Message Posted: Jan 1, 2013 10:21:44 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!
JWHITE1937
Champion Author Massachusetts

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Message Posted: Jan 1, 2013 10:20:58 AM

Should!!
gasokie
Champion Author Oklahoma

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Message Posted: Jan 1, 2013 10:20:44 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.
BJ1947
Champion Author Oklahoma

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Message Posted: Jan 1, 2013 10:20:27 AM

we'll see!
BlueVanGroup
Champion Author Fort Collins

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Message Posted: Jan 1, 2013 10:20:05 AM


"sharp drop in temperatures"

--------

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

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Message Posted: Jan 1, 2013 10:19:45 AM

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

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Message Posted: Jan 1, 2013 10:19:03 AM

Okay
viperND
Champion Author South Bend

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Message Posted: Jan 1, 2013 10:19:01 AM

:/
fisherMI
All-Star Author Michigan

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Message Posted: Jan 1, 2013 10:18:53 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.
satrn38mpg
Champion Author Raleigh

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Message Posted: Jan 1, 2013 10:18:07 AM

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

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Message Posted: Jan 1, 2013 10:18:06 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.
Pramodsharma
Champion Author Richmond

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Message Posted: Jan 1, 2013 10:17:44 AM

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

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Message Posted: Jan 1, 2013 10:17:02 AM

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

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Message Posted: Jan 1, 2013 10:16:43 AM

TIME WILL TELL
Goatroper47
Champion Author Twin Cities

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Message Posted: Jan 1, 2013 10:15:10 AM

Maybe.
teatiger
Champion Author Dallas

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Message Posted: Jan 1, 2013 10:14:15 AM

Ok
thirstyauto
Champion Author Milwaukee

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Message Posted: Jan 1, 2013 10:13:36 AM

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

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Message Posted: Jan 1, 2013 10:13:18 AM

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

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Message Posted: Jan 1, 2013 10:13:00 AM

dont known
Liberty2000
Champion Author Indianapolis

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Message Posted: Jan 1, 2013 10:12:48 AM

Cheaper than fuel oil.
RobertSpratt
Champion Author Virginia Beach

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Message Posted: Jan 1, 2013 10:12:45 AM

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

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Message Posted: Jan 1, 2013 10:12:22 AM

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

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Message Posted: Jan 1, 2013 10:10:40 AM

True erndog0331.
erndog0331
Champion Author Tucson

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Message Posted: Jan 1, 2013 10:09:53 AM

It never left
Buffalo Joe
Champion Author Alberta

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Message Posted: Jan 1, 2013 10:09:02 AM

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

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Message Posted: Jan 1, 2013 10:08:44 AM

Comeback? It never went away.
garyr86
Champion Author Michigan

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Message Posted: Jan 1, 2013 10:08:44 AM

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

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Message Posted: Jan 1, 2013 10:07:50 AM

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

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Message Posted: Jan 1, 2013 10:07:17 AM

KO
WestDriver
Champion Author Grand Rapids

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Message Posted: Jan 1, 2013 10:06:45 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.
Don20
Champion Author Oklahoma City

Posts:12,900
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Message Posted: Jan 1, 2013 10:06:38 AM

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

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Message Posted: Jan 1, 2013 10:06:19 AM

Yea yea
maxcap59
Champion Author Texas

Posts:3,700
Points:781,680
Joined:Apr 2011
Message Posted: Jan 1, 2013 10:05:12 AM

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

Posts:25,951
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Message Posted: Jan 1, 2013 10:05:02 AM

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

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Joined:Aug 2012
Message Posted: Jan 1, 2013 10:04:42 AM

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

Posts:10,468
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Joined:Jan 2009
Message Posted: Jan 1, 2013 10:04:38 AM

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

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Message Posted: Jan 1, 2013 10:03:04 AM

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

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Message Posted: Jan 1, 2013 10:02:45 AM

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

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Points:3,102,550
Joined:Apr 2004
Message Posted: Jan 1, 2013 10:02:44 AM

we will have to watch, still a good source to explore
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