Natural Gas is a fossil fuel formed from plants and animals buried underground and exposed to extreme heat and pressure. Natural gas is used domestically for cooking, as a power source, in agriculture, and in industrial manufacturing. Natural gas prices fluctuate constantly depending mainly on production issues, stockpiles, weather conditions, economic growth, crude oil prices, and more recently coal. Natural gas is commonly measured in MMBtu, with 1 MMBTu equaling 1 million BTU (British Thermal Units).
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European natural gas is heating up in preparation for a cold spell in the region amid concerns over supply.
Natural gas is lighter than air, so without the pull of demand the commodity is watching its value float away.
Natural gas has been a standout in the commodities space in the last couple of weeks, as the world tries to shore up extra supplies.
Energy commodities didn’t have the hottest June, and for natural gas it looks like July may not be all sunshine and rainbows either.
Natural gas gets handed a double blow from both sides of the Atlantic, causing prices to somewhat evaporate.
Crazy high natural gas prices continue to cause economic turmoil as big dog CEOs voice their concern for what’s to come.
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