Monday, May 7, 2018

Natural gas prices still aren't at earthquake levels

I had assumed that the cold weather would drain all the storage and zoom natgas.  It did drain the storage, but the price is low.  In January we had a lot of OK earthquakes, so that peak is probably what you need to bring on earthquakes.  That frack waste would have come from Texas and the southern states.  The big volumes would come, in the summer, from the NE states and that isn't happening.  Unless natgas goes up to the Jan levels, no earthquakes.  :(

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