Natural Gas Futures

[farming101]

Down a lot today. All months out to 2032 are under $3. Wow

[jazz]

Down a lot today. All months out to 2032 are under $3. Wow

The LNG market crashed especially in Asia where most of this stuff is going. Coastal Gas is DOA too looks like.

Stand by for your Canadian recession. Its gonna sting some folks.

[bucket]

So electricity rates from those two new gas power plants Saskatchewan built will be constant for a while?


Environmentally friendly....and reliable....

[SASKFARMER]

They should put natural gas to every farm with big lines or loop for storage. Now that’s thinking ahead oh it’s canada let’s stop and go solar or wind. If I had windy days last fall and sun I wouldn’t have 1/3 of my crop out.

[AlbertaFarmer5]

So electricity rates from those two new gas power plants Saskatchewan built will be constant for a while?


Environmentally friendly....and reliable....

Which is why a CO2 tax is so important. The only way unreliables will ever compete with natural gas (or any other fossil fuel) in the Frac'ing era is by artificially driving up the cost of the fossil fuels by many multiples, while simultaneously using that money to subsidize the unreliables. We have a long way to go yet to get there. CO2 tax will be in the hundreds of dollars per tonne.