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Natural Gas Crash Has U.S. and Canada in Driver’s Seat

by Peter ― 51 weeks ago

Alpha In Vietnam ― In the past year the price of Natural Gas on the U.S. futures exchanges has crashed 45% trading between $2.25 and $2.50 per million BTUs, down from a floor price of $4.00. This crash is the result of a couple of major factors, the first being supply. The U.S. through horizontal drilling and hydrofracking is [...] .

Tags: Boom Towns, Commodities, Frontier Markets, Macro Economics, Real Estate, Stock

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