Chaos Breaks Out In Natural Gas, Price Tripled Since April 2012

Wolf Richter

“Volatile,” a word that is often used to describe the price of natural gas with its random-appearing jumps and plunges, head fakes, and whiplash-inducing turnarounds, no longer describes the price of natural gas. “Chaotic” would be a better term.

Friday last week, when stocks were getting sacked, natural gas soared 9.6% to $ 5.18 per million British thermal units (MMBtu) at the Henry Hub. Up 20% for the week. The […]

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