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Title : Cold Snap Could Sent Natural Gas To $5 -- Oilprice -- October 30, 2018
link : Cold Snap Could Sent Natural Gas To $5 -- Oilprice -- October 30, 2018

Cold Snap Could Sent Natural Gas To $5 -- Oilprice -- October 30, 2018

This is pretty funny. For the past 24 hours or so a reader and I have tossing around "what if ... cold winter ... natural gas shortage?" See this post.

I just stopped at In 'n Out for a Coke and a hamburger (no fries) and then opened the computer. And this is hte headline over at  oilprice.com, I kid you not:

But OMG, $5. See this post. Five dollars is nothing. There's enough "slack" in the graphic at that post to push natural gas to $10. LOL.

I think this is going to be fascinating.

But, the betting right now: it will be a warmer winter than usual. My thoughts: it's all relative, and even if it's warmer, once winter is here, all bets are off. We'll see.

Natural gas today? Up about a percent, to about $3.22.

https://ift.tt/2dZyQXu

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