Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #395 on Oil - Light Crude - Continuous Contract (OILCRUDE)
Pro-Life
06/04/21 5:06 PM
#401 RE: Pro-Life #395
“We see a shift from stigmatization toward criminalization of investing in higher oil production.” – Bob McNally, former White House official, “This Time Is Different” Bloomberg May 30, 2021 “From today, halt all investment in new fossil fuel supply projects and make no further final investment decisions for new unabated coal plants.” – IEA Roadmap to Net Zero by 2050
We are now ready to put the prices for natural gas in the chart above into shocking context. On an energy-contained-in-oil-equivalency basis, natural gas prices reached the following levels in February: SoCal Citygate: $835 per barrel Chicago Citygate: $752 per barrel Houston Ship Channel: $2,320 per barrel Waha: $1,196 per barrel OGT: $6,919 per barrel Henry Hub: $137 per barrel Agua Dulce: $528 per barrel Do I have your attention?