Here is a price chart from barchart.com showing a long term perspective of natural gas futures:
Note the price spike in late 2005 due to hurricanes Katrina and Rita… Here is Bloomberg’s Liam Denning on why it’s different this time:
“The key factor here is the shale boom. In its early stages, it got added impetus from surging natural-gas prices, due to both the commodity supercycle in the decade before 2014 and disaster-related spikes such as those in the summer and fall of 2005.”
Here is Liam’s chart:
Here is the link:
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