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Stock Market Nov 2021 "Will the Natural Gas Squeeze Derail the Recovery?"

Stock Market Nov 2021 "Will the Natural Gas Squeeze Derail the Recovery?"

Excerpt

Will the Natural Gas Squeeze Derail the Recovery?

Energy is expected to increase in price as 2021 closes and 2022 begins, according to the Oct. 13, 2021 Short-Term Energy Outlook (STEO) from the U.S. Energy Information Administration (EIA).

Between October 2021 and March 2022, the U.S. benchmark, Henry Hub, is expected to average $5.67 million British thermal units (MMBtu). For 2022, the average price is expected to be $4.01/MMBtu. This is attributed to increased consumer need, a decline in domestic natural gas production, and sub-par inventories stockpiled as the weather becomes increasingly cold...............

 

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